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CryptoFallen
Nov 28, 2022 8:28 AM

BTC Longterm outlook Short

Bitcoin / United States DollarCoinbase

Description

Using mainly VPVR we can see that there is strong support for BTC at the accumulation zone between $9.5-12k, in a down market this is very plausible as no one would be really buying a risk on asset.

Thoughts?

Comment

We had a bit of a bounce back to retest the descending triangle which can be seen on the LTF. Awaiting to see if we go back lower, still believe that we have yet to see the lows.

Comments
SwallowPremium
Great publication)
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