vanbored

BTC 1H BULL FAILED ATTEMPTS, WEEKEND IS COMING

vanbored Updated   
BYBIT:BTCUSD   None
# Bull failed attempts clearly visible in many occasions, although 1H chart should not be made to make a longer term assessment, one just cannot ignore the dire situation we are in.
# Winter is coming, sorry, weekend is coming, which normally brings the volume lower, and since everybody is cautious right now..
# Never attempt this at home, join the watchmen, stay aside, wait for Monday.
Comment:
$6800 support was briefly tested before bull quick rebound get in. If the support continues to be tested many times over, it could broke to $6600 which could provides a real challenge for bear. I will not be surprise to see some upside of bull toward $7000 then rejected and move lower. Seller wants something from this downside opportunity, Bear says: "Let us get deeper and you in turn will get better leg moving forward", now Bull have to answer either "Go on then" or "No way!". You get the picture.
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