Hey Guys!
So looks like we have an update to my previous idea. It is apparent that there has been more support than previously expected at the $7900 range. With that being said, it looks like a bull flag is forming with that support indicating that the price of BTC will retest the $7900 level and continue upward. If the support is broken, then we will be looking back to the downside of a $6000 retest. Lets see how this plays out
So looks like we have an update to my previous idea. It is apparent that there has been more support than previously expected at the $7900 range. With that being said, it looks like a bull flag is forming with that support indicating that the price of BTC will retest the $7900 level and continue upward. If the support is broken, then we will be looking back to the downside of a $6000 retest. Lets see how this plays out