Bitcoin bounce from support zone...

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
After dropping to low around 29-32k zone, Bitcoin has clearly bounced from the support zone and may continue upside to the target on my chart...


you showed the analysis on 1D timeframe. the support and the bounce that you talked about happened on 9th June. Bitcoin's way past that support now. It is more at a crucial resistance zone on the 1D timeframe.
So might I ask, whats the matter of this idea? you say in the chart Target 50k but say in the comments, next would be 29-32k and if its dropping to 29 for real, who knows, then it would be a totally other direction and trend...this here today could be just a fake breakout or just the aftermath of Papa Elons market manipulating tweet about not not manipulating the market
Derammie redbully27
@redbully27, there's a rejection from the 29-32k zone, so thats why i think its gonna move up a bit... total trend is still down