$BTC is in a place where I don’t really want to try to guess what will happen next.
The price is near the support area and buyers are trying to keep it from falling but the bounces still don’t look very strong to me.
Every time $BTC goes up there are still sellers waiting to push it down.
That is the part I am watching.
I am not saying BTC has to drop from here. It could easily change direction if buyers start showing power.. Until that happens I would rather wait instead of trying to follow a green candle.
The key levels are pretty easy to understand.
If BTC can get back above the resistance and stay there the situation starts to look a lot better.
If support breaks again then I wouldn’t be surprised to see the price go even lower before the market finds real buying interest.
For me this isn’t about trying to find the bottom.
I just want to see who is really, in control.
Let BTC show that first. Then I will make a decision.
