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TitoLibido
Jun 8, 2021 3:44 AM

Can't touch this. (<30k) 

COINBASE:BTCUSD240
Bitcoin / United States DollarCoinbase

Description

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Lots of bearishness around here right now (for good reason) so I wanted to draw a picture of MC Hammer holding down the strong support at 32k, where he and many others have built large BTC positions. Can the sellers break MC Hammer and "touch this"?

Comment

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Within $10 of MC Hammer's "Can't Touch This" zone! I repeat, the sellers did not "touch this" Congrats MC Hammer.
Trend AnalysisBeyond Technical AnalysisChart PatternsBTCBitcoin (Cryptocurrency)MCHammer
Comments
wishlalwani
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Haha best chart ever! However, our next support is 30k, if it fails to hold at the level, it Might go down to 20k. My two cents.
TitoLibido
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@wishlalwani, we ended up within ~$10 of our "Cant Touch This" zone. We're not out of the woods yet but you should never doubt the Hammertime.
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