BTCUSD is clearly trading between these 2 support / resistance lines long term.
We now expect a move back up to test the previous support at around 52k.
When we see that we are now just continuing the same trading range that we saw in January, it doesn't seem quite such a 'disaster' or 'bear market' as many others have suggested.
We now expect a move back up to test the previous support at around 52k.
When we see that we are now just continuing the same trading range that we saw in January, it doesn't seem quite such a 'disaster' or 'bear market' as many others have suggested.
Comment:
when in doubt, zoom out.