I've been posting this same set of resistance and support levels in the chat for weeks.
I'm putting it here for posterity.
It's a short term look.
Price has bounced off 41.6 multiple times, and bounced back down from the resistance bands shown.
I'm waiting for this structure to break. I'd like it to go to 46-48k pre-ETF.
Everyone also keeps saying that the sell the news will mean price drops when the ETF is "approved." I think there's a possibility that it will given the halving is also close, but what if it doesn't- what if price just continues to rise.....
I'm putting it here for posterity.
It's a short term look.
Price has bounced off 41.6 multiple times, and bounced back down from the resistance bands shown.
I'm waiting for this structure to break. I'd like it to go to 46-48k pre-ETF.
Everyone also keeps saying that the sell the news will mean price drops when the ETF is "approved." I think there's a possibility that it will given the halving is also close, but what if it doesn't- what if price just continues to rise.....