Good morning traders,
As expected, Bitcoin went to the 25k - 26k area. An important price point that was on the horizon for a very long time.
There's a strong case to be made that this is the bottom, or at least, A bottom:
- Historically, only once BTC went and stayed below the 200 weekly ma;
- the week S1 pivot is also a historical strong support;
- last week candle volume is the biggest in a year;
As expected, Bitcoin went to the 25k - 26k area. An important price point that was on the horizon for a very long time.
There's a strong case to be made that this is the bottom, or at least, A bottom:
- Historically, only once BTC went and stayed below the 200 weekly ma;
- the week S1 pivot is also a historical strong support;
- last week candle volume is the biggest in a year;
