TheChartGuys

BTC Bulls Cling to Support

COINBASE:BTCUSD   Bitcoin
Still fighting for the daily higher low to try and remain in the equilibrium which would be considered a double bottom at this point if the bulls could pull it off. We have bots battling it out with big wicks in both directions when you zoom in to the hourly chart. If I were more confident in the volume and amount of retail money trading the space I would be making a play off support here... but I am not so I am not going to venture off into bot land to try and make a play. This does not mean you shouldn't, if this support play is one you have been waiting for!

We should know by end of today if this support level is going to hold or not.


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