BTC high chance of retesting lows. Whatever way you look at it I don't see support until 3500 to 3600.
At this point the question is will we hold those levels and bounce back up or break lower to go into discovering new lows for the year.
Resistance is 4k now. Watch out everyone. Good luck
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Back to 4k Support- doubled down position (No Leverage).
Mental stop above 4200
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Average price is now at 3920- Looking at this trade develop If the lows are broken it is perfectly fine to either hold position for further downside (~3-3.1K) or even add on to short position. Shorting lows works quite well in bear markets!
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