$BTC dipped to 80,400 in the early hours, then returned to around 82,400 at midday. From the low to now, it has rebounded about 2.5%, but the 24-hour change has still not turned positive.
The last 3 hourly closes have been moving higher, and the most recent 4-hour candlestick also closed bullish, but I am still treating this as a post-decline recovery. If the hourly close falls back below 82,000, I will withdraw the view that the recovery is continuing.
No corresponding official new information has been found for now; a rebound and a reversal are still two different things.
The last 3 hourly closes have been moving higher, and the most recent 4-hour candlestick also closed bullish, but I am still treating this as a post-decline recovery. If the hourly close falls back below 82,000, I will withdraw the view that the recovery is continuing.
No corresponding official new information has been found for now; a rebound and a reversal are still two different things.