A bigger picture of Bitcoin at 1D time frame.
The base was cracked, Bitcoin is in bearish for almost a year, it had hard recoveries and was forced to go down very fast, now seems the support it's doing it's job, but is not a must, there is already a wick in it, next time or after other attempts can drop again till 3.200, and from there...who knows?
If it will go up, there are resistance everywhere and never stayed too long.
Let's see!
Trade with care!
The base was cracked, Bitcoin is in bearish for almost a year, it had hard recoveries and was forced to go down very fast, now seems the support it's doing it's job, but is not a must, there is already a wick in it, next time or after other attempts can drop again till 3.200, and from there...who knows?
If it will go up, there are resistance everywhere and never stayed too long.
Let's see!
Trade with care!
Comment:
Just a little spike, we need more than that for a good future