BTC touches bottom of support zone and now goes boom!
Well that was a fun time for BTC here. Anyone following along, we've had this critical support zone of 7400-7750 for weeks if not months now that I've been waiting for. After a few initial tests at the top of the zone, we saw the test this week to the bottom of the zone. Bears even dipped it slightly below the zone briefly and bulls have defended well and finally got the big pop back up today. A huge % move today from the bulls. I still have top of a previous bounce as resistance but otherwise watching bottom of our original triangle for next resistance.
This bull bounce now means the support zone has held and bulls really should not want to re-test that area again.
Just My 2 Sats!
This bull bounce now means the support zone has held and bulls really should not want to re-test that area again.
Just My 2 Sats!
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