Bitcoin has reached the golden zone, where we currently are seeing buyers jump back in here after the liquidity grab for the lower wick rejection. If this weekly candlestick closes above this key region, we could very much see a rebound with bitcoin & the overall crypto currency market as well. Definitely an area to keep a close eye on price for a bullish reversal as institutions made a sharp move down & a lot of panic selling has occurred. This was my region of interest for some month to look for buying positions lets see how price action develops in this region !
Comment:
Lower timeframe support zone