#BTC - Double Bottom Bounce Met With Key Resistance
Bounced off the $16k support well - not hugely surprising and showing a pretty nicely double bottom here. We are currently challenging the consolidation level so it will be tough to break. We do have a bullish weekly pivot up to $18.2k which is a little bit exciting although $17k is going to be a beast of a resistance to break.
Bounced off the $16k support well - not hugely surprising and showing a pretty nicely double bottom here. We are currently challenging the consolidation level so it will be tough to break. We do have a bullish weekly pivot up to $18.2k which is a little bit exciting although $17k is going to be a beast of a resistance to break.