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CRYPTO MECHANIC
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Flipped that support into resistance followed by a -20% move
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CRYPTO MECHANIC
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Mid range remained the key hurdle for $BTC 6th try to break above it but failed.
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All we had to do was long Rocks not Coins
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Bitcoin weekly chart is still range bounded nothing much to discuss on it unless price breaks out of it. But the daily chart is starting to look interesting. I made a post on friday and said " One thing i am liking on $BTC is despite continuous sell pressure Bitcoin is still holding the range low. $90k is the area to watch for a breakout. So far price is holding up nicely. A lot sellers are trapped. If price can hold $85k - 87k I think we will eventually see a breakout.
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If $BTC Manage to break and hold above $90k i think we will finally have a break out week. Looking at how the price action is developing here and Gold printing new all time high, I think we are closer to get a breakout.
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Waking up to headlines of gold and silver hitting all-time highs. When will crypto break out of its curse?
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