Bitcoin Still Holding
We fought hard at the yellow line and held support. Won a battle and proceeded to make a bullish move yesterday evening. We've pulled back overnight.
I'd like to see Bitcoin make an ascending triangle and work its way back to the key 16k area and attack that green line. We might just continue building this consolidating box as well.
Still have to hold that orange line to avoid testing lows. I don't want to come near it as we exhausted buyers in that area and I just don't think there will be enough left to defend it again.
I'd like to see Bitcoin make an ascending triangle and work its way back to the key 16k area and attack that green line. We might just continue building this consolidating box as well.
Still have to hold that orange line to avoid testing lows. I don't want to come near it as we exhausted buyers in that area and I just don't think there will be enough left to defend it again.
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