Update: Support Held; Bears Persist; Added Target $BTC #bitcoin

Friends,

A (really) quick update:

1 - 530.00 support held - No surprise here if you are a structural trader.
2 - Price continued to fall
3 - price remains under bearish pressure
4 - Soft (pink) and hard (black) overhead resistance levels defined
5 - New BEARISH target (colored in red, so less probable, as opposed to green = high probable and yellow = probable)

OVERALL:
No change from original predictive analysis defined on February 10th, except for an added low-probability bearish target.

Cheers,

David Alcindor
TradingView Moderator as "4xForecaster"


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