So, on that 3-drive push we retested the key level at 6.5% as well. Based on volume, now we are looking at possible continuation to the 5.9-6% area.
In my analysis of BTC, I believe BTC will continue a bit lower still and 40k is only a bounce. If that happens, we should push through 6.5% higher.
I can see either bullish or bearish action from this range (obvious, i know) with levels to watch being 6.5% and 5.8-ish. For these reasons, I am neutral on this idea.
In my analysis of BTC, I believe BTC will continue a bit lower still and 40k is only a bounce. If that happens, we should push through 6.5% higher.
I can see either bullish or bearish action from this range (obvious, i know) with levels to watch being 6.5% and 5.8-ish. For these reasons, I am neutral on this idea.