coolnessinc

$BTC Ranging into the New Year.

COINBASE:BTCUSD   Bitcoin
$BTC has found what seems to be some solid support at $46K after some pretty sustained moves south. I think we have some more time to spend between $46K and $48K before a clear move in either direction will be made. I don't consider $48K to be strong resistance, so I would not depend on $48K to hold as support once broken. In my opinion, a break above $53Kish will likely be the first strong level of support once broken. I'll be watching this level carefully as Q1 2022 unfolds.

I hope you and yours had a great holiday!
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