$BTC Update
Could be forming a nifty little range here.
Swept short stops and tested range bottom.
Swept long stops. Now if price can reclaim the zone around 5400, a retest of 5600s looks likely.pic.twitter.com/LkZnao8BQE
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$BTC Update 3 Yup, intraday bottom wasn't in. Bulls nowhere to be found. If this 4h closes below 5150, I expect us to visit sub 5k. The ongoing hash war isn't helping much either.pic.twitter.com/V83gNIl6P6
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$BTC Update 4
4h closed below 5150, price visited sub 5k with the next candle.
Finally some semblance of buy support showing up. Looking good for a local bottom, the 4h close should tell us more.
Still feels a bit surreal to see $4xxx on my TradingView tab.pic.twitter.com/e2Z5qiC283
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do you foresee a retest of sub 5K ?
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Agreed, BTC getting affordable again
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Dude when I saw this I was like "been waiting for so long and it feels unreal" https://www.tradingview.com/x/gIkwfalT Been waiting with a bid at $4,950 for days. Hope it's a local bottom indeed.
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"buy support" hahaha
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when you say local bottom could you expand - just so I’m clear... ( on another note thanks for the pinned info and education snippets you put time into and shared - much appreciated )
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It means it's not THE bottom. Price is just resting here and deciding which way it'd like to go.
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Target $4,800
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