BTCUSD: Potential to Find Support at $52,230 Before Legging Up.

Name: BTCUSD: Potential to Find Support at $52,230 Before Legging Up.
Uploaded: 2021-05-10T14:57:29.841913
Channel: WyckoffMode
Description: Hi Everyone! I had to get to sleep earlier. Woke up and saw we had dropped a little further (3.0%) while I was sleeping. I'm still not seeing any kind of SIGNIFICANT drop into the 40K's as some suggest. It's possible.... but the odds are much higher for upward pressure to continue for the Mid Term than downward pressure continuing for the mid term.

Bitcoin (BITSTAMP:BTCUSD)

Updated

BITSTAMP:BTCUSD Bitcoin

Trend Analysis Technical Indicators Wave Analysis

trendanalysis indicator waveanalysis

Hi Everyone! I had to get to sleep earlier. Woke up and saw we had dropped a little further (3.0%) while I was sleeping. I'm still not seeing any kind of SIGNIFICANT drop into the 40K's as some suggest. It's possible.... but the odds are much higher for upward pressure to continue for the Mid Term than downward pressure continuing for the mid term.

Comment:

UPDATE:

ADDENDUM ADDED to one of my Rules...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.