Bitcoin needs to Flip the $50900 resistance for a new range
Interesting things happen all around the same time. Starting 2 days ago and ending with yesterday.
1 My Father inlaw texts me about a coindesk article stating Whales are selling their BTC www.coindesk.com/bit...elling-pullback-risk
2 Vitalik dumps on the Doggy Coin community
3 Elon forgets that Bitcoin uses computers to secure the network.
We had a nice high volume bounce from 45k. and have settled in the 50k range for now.
A clean break and reset of the SR zone at $50900 would maintain my bullish sentiment. If we close below 47k on the Daily would be very bearish IMHO.
All I am doing right now is watching these zones.
1 My Father inlaw texts me about a coindesk article stating Whales are selling their BTC www.coindesk.com/bit...elling-pullback-risk
2 Vitalik dumps on the Doggy Coin community
3 Elon forgets that Bitcoin uses computers to secure the network.
We had a nice high volume bounce from 45k. and have settled in the 50k range for now.
A clean break and reset of the SR zone at $50900 would maintain my bullish sentiment. If we close below 47k on the Daily would be very bearish IMHO.
All I am doing right now is watching these zones.
It's not the events in life that define you, it's how you respond to those events.