BTC is short at the support line
March 2022
March 2023
It can break down our bounce, which makes sense when looking at the historical 12M chart and 46K candle resistance.
We are at a time when we should expect a big break out of 60K resistance or break down with 35K and 30K support.
The 17K gap is still open, and it's always on my radar for this or the next cycle.
Unless it is a breakaway gap that, by rule, does not always get closed 50/50.
March 2022
March 2023
It can break down our bounce, which makes sense when looking at the historical 12M chart and 46K candle resistance.
We are at a time when we should expect a big break out of 60K resistance or break down with 35K and 30K support.
The 17K gap is still open, and it's always on my radar for this or the next cycle.
Unless it is a breakaway gap that, by rule, does not always get closed 50/50.