The inverse C&H played out nearly perfectly. Now the question is, will this support hold for a 4th time? Are the bulls willing to pick up some cheap bitcoin under 10K? Is Bakkt really gonna flop like some Coinbase listing?
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Longterm trend line has held as support for now. Hourly and below showing some bullish signs
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A break of the line at 9,700 could be a nice Swedish shuffle to 8k
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The answer is no, it will not hold. What a massive dump, next fib target is 7,200
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Komentarz:
“Swedish shuffle to 8k” god I love TA
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