eBlockChain

Oops... #Bitcoin did it again!

Long
eBlockChain Updated   
INDEX:BTCUSD   Bitcoin
Well, actually it is the DXY that has shown strength blooding Wall Street & Crypto. Anyway, here are the supports to look for for now:

BTC supports:
1) first support at 63k didn’t hold
2) second support at 57k (8W SMA and the Ichimoku Cloud top) This support shouldn't be broken to maintain the bullish integrity of the whole crypto market.
3) third support at 53k (at Ichimuko cloud bottom) this can be viewed as bottom for wicks not candles to maintain the bullish momentum for those who leverage.
4) last bullish support at 48k. If we break it run for dear life! ;)

Personally I remain bullish still for BTC and the market overall.
Comment:
A) If BTC doesn’t pull itself up today, then it’ll form a bearish divergence to retest 57k.

B) At 57k it’d be in a bullish divergence and bounce from there.

... my 2 cents.

Unless you figure a way to make money while you sleep, you’ll work till you die.
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