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BengalTigger
Oct 5, 2021 6:24 PM

Bit by Bit (Update) Long

Bitcoin / United States DollarCoinbase

Description

I would be watching the 52K and 58K area for rejection here. IF 46K or so does not hold on the PB then we could see 40K before there is a move to break out (IF, that is where it is headed). For now, up is the likely path but given the renewed focus on Crypto by the regulators, any negative news can cause pretty heavy whipsaw, IMO.

Comment

My apologies, 54K
Comments
AspenSky
ty so much. ummm I would like to see 4h chart of your. 1 week is too abroad. 52k or 54k?
BengalTigger
@AspenSky, I had initially thought 52 but I still think 54, event though for now 52 has been rejected. As long as the 50K area is not broken (by too much) then I do think there will be another attempt to get to 54
AspenSky
@BengalTigger, ahhh ty so much!!! love your detailed explanation!
AspenSky
@BengalTigger, I'm holding BTC omg, thinking to sell part of it. to reinvest in alts. BTC has been correcting for so long. didn't make much $. so upset rn. when do you think will be a good ATH
trying to sell half of it. half that I bought fudge cake around 49k. I mad so much money in BNB, SOL but BTC is a disaster.
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