BTC Fill 8.8K Gap Before Piercing Through Downwards Channel @10K
Amazing to see bitcoin go up 40%+ in less than 24 hours. With it not closing above 10K, it leave plenty of room under this newly found resistance. On a lower timeframe, we had a cup & handle that failed to break out.
What is needed is to stay above the 200 day MA long enough until the 15 & 50 day MAs are above it, which is fine.
I expect a possible cool off down to ~$8.8 range. Would love for us to go flat here and slowly drive through 10K and bounce off of that a few times.
What is needed is to stay above the 200 day MA long enough until the 15 & 50 day MAs are above it, which is fine.
I expect a possible cool off down to ~$8.8 range. Would love for us to go flat here and slowly drive through 10K and bounce off of that a few times.