Bull Market Support Band

Back again to the bull market support band on #bitcoin which we can see the price is still respecting the upper line of the band which is now becoming support.

In the last 2 weeks, price have been trying to enter the zone in between the range of current bull market support band but getting rejected twice which indicate how strong this dynamic support is.

However, the recent bounce could only be the dead cat bounce because of the low liquidity before any further downside movement as well.

Current bull market support band range is located between $28.6k - $28k region. Will the price visits this area again?

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