Still hanging around our second target resistance.
Expect violence to kick in if we flip it. Why?
- significant higher high
- Break of this meme trendline broken
- Big horizontal level broken
- Big gap above that asks to be filled up
Bitcoin got rejected at 8.5K and made an lower high.
I'm looking now at the 6.8K support as an strong support after all the rejections before when it was still resistance. After we broke 6.8K upwards we never retested the breakout price. If Bitcoins bounces off the 6.8K support we filled the gap and we might retest the local high's depending on the volume at the...