Testing support on BTC in the upward established channel
We are completing todays break out 7% BTC dominant and eye opening performance by a price retraction to establish a new floor from which to rise.
I believe we must make a clear and concise drive to around 70k or it will signal a retraction that could possibly bring us back new the high 30's low 40s
As it stands currently , we are starting to look like we are oversold and in need of some pullback but I would not enter into a short until I see confirmation of the bottom broken on support levels
I believe we must make a clear and concise drive to around 70k or it will signal a retraction that could possibly bring us back new the high 30's low 40s
As it stands currently , we are starting to look like we are oversold and in need of some pullback but I would not enter into a short until I see confirmation of the bottom broken on support levels
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