#BTCUPDATE
BRUTAL!!!
Looking like some degree of stability now finding a big bounce at the prominent 51k support, also a big daily trendline support.
Getting back above $55k is huge and importantly looking to flip the 50 Daily EMA that lands right around this $55.5k support.
It is hard to tell the outcome right at this key resistance/support junction, although breaking through will see a push back up to 60k giving the market some much needed relief and ALTS a chance to recover and I am 100% expecting an evil dump then.
Although I am still very bullish on BTC with another ATH still in the locker although be ready for another test of this $51k region.
BRUTAL!!!
Looking like some degree of stability now finding a big bounce at the prominent 51k support, also a big daily trendline support.
Getting back above $55k is huge and importantly looking to flip the 50 Daily EMA that lands right around this $55.5k support.
It is hard to tell the outcome right at this key resistance/support junction, although breaking through will see a push back up to 60k giving the market some much needed relief and ALTS a chance to recover and I am 100% expecting an evil dump then.
Although I am still very bullish on BTC with another ATH still in the locker although be ready for another test of this $51k region.
