InnovumConsults

Retest possibly confirmed



As per our previous idea, We saw bitcoin reject off of a huge resistance in the upwards channel. We said for there to be strength to test the next resistance, we need to retest the 22,491 support. To further support the idea of the retest. We take a look at the RSI. We've reached a resistance in the RSI which could be confirming short term bearish movements in hopes to retest the 22,491 support to see the rally to 30k.

Keep an eye out for the next couple days to see where bitcoins price action decides to retest for a rally or a break in support for bigger bearish movements.

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