Here is a short look at BTC this morning and the support it has especially the bottom channel line. I am not saying that this is the point of no passing however it has indications of past activity and being supportive at 9636.
There would be no surprise in BTC taking out that support level on it's way to a 10-20% retrace however I don't see it here. There may be up to 30% retraces ahead on it's way to yearly or even ATH's but not right yet.
No call here or anywhere for that matter, just simple support and resistance lines indicating where strength or weakness is.
There would be no surprise in BTC taking out that support level on it's way to a 10-20% retrace however I don't see it here. There may be up to 30% retraces ahead on it's way to yearly or even ATH's but not right yet.
No call here or anywhere for that matter, just simple support and resistance lines indicating where strength or weakness is.