this could very well be in play. it respected this trendline today.
노트
a push back up to 68+ here would rekt a lotta leveraged bears and that would make the exchanges richer. so def an option if we dont see significant follow thru down out of this range tomorrow.
노트
it'll be fascinating to see how the rest of this week plays out.
노트
will it pump to 61 by the weekly close?
노트
slowly creeping up...
노트
a scenario where we double bottom in the next week or two to 50 again and then up is also very possible.
노트
what will the weekly close later today show us about the price of btc?
노트
pretty grim. looking to test the bottom of the pennant yet again.