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bwymore
Feb 26, 2021 12:15 AM

BTCUSD Update 4H - bounce at blue support or likely 41-42k 

Bitcoin / United States DollarCoinbase

Description

BTC Update: If blue doesn't hold in a min, look for a drop to around $41,500 - 42,000 range I'd guess before a bounce. It is the previous high as well as the same percent drop from the high to blue as the "high" we just had to the previous high. Also looking like a 55/200 EMA cross on 4H as well as MACD . Something similar happened in the old big bull run a few years ago for about a day down then a day up.

Disclaimer: Not a professional, just sharing my thoughts, trade at your own risk.
Comments
sumairk
Bulltrap now but 42k will be good healthy correction for btc...i dont trust that support.
bwymore
@sumairk, look at linked chart to see what it is based off of on last big bull run
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