In bull markets, support ranges are expected to hold as support if they get retested again.
That's what #Bitcoin is trying to do now, shown using 1hr candles.
If buyers can't defend this range, we'll move further into a defensive market environment.
$BTC 1D
People getting bearish at support with some of the lowest volume we've had in this range.
Potential Double bottom also forming with bull divergences on the 1D and 1W RSI.
Let's see what happens when we close!
#bitcoin#cryptocurrency#cryptonews
#Bitcoin
Consolidation in an uptrend favors a continuation
Yes it will end at some point but I have been saying this since the uptrend was identified; odds favor a continuation so approach it like that on every consolidation
#Bitcoin
Consolidation in an uptrend favors a continuation
Yes it will end at some point but I have been saying this since the uptrend was identified; odds favor a continuation so approach it like that on every consolidation https://t.co/Oyrw6ihUeM
All the resident #BTC perma-bears popped on my timeline today after a month or so of hibernation this morning
Same accounts, same people who have been calling for downside since $15k; always tend to come out when they think the next crash is finally here
All the resident #BTC perma-bears popped on my timeline today after a month or so of hibernation this morning
Same accounts, same people who have been calling for downside since $15k; always tend to come out when they think the next crash is finally here
Total 3 (#ALTS)
When everyone was in fear back in January/February all the losses were erased in a two week span; no one ever remembers it now
Its giving the same playbook again; most will wait until after the losses are erased to see it
Higher Highs & Higher Lows = Uptrend
Total 3 (#ALTS)
When everyone was in fear back in January/February all the losses were erased in a two week span; no one ever remembers it now
Its giving the same playbook again; most will wait until after the losses are erased to see it
Higher Highs & Higher Lows = Uptrend https://t.co/ItJyCzFZhv
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