In my previous post, I wrote $BTC , followed by these three levels: 76388, 76326, and 76296.
At 10:55, one candle broke through all of them at once.
The 11:00 candle hit a low of 75736, the lowest since 9/16.
This 11:00 hour had a volume of 112M, the highest today.
But after breaking through, it didn't keep falling. It has now rebounded to 76553, back above 76388.
The lows from mid-September were 74967 on 9/15 and 75064 on 9/16.
Where this hourly candle closes is more important.
If it closes back above 76326, this could be a false breakdown.
If it can't close back above, the next levels to watch below are 75736, then around 75000.
This is only my personal opinion and does not constitute investment advice.
At 10:55, one candle broke through all of them at once.
The 11:00 candle hit a low of 75736, the lowest since 9/16.
This 11:00 hour had a volume of 112M, the highest today.
But after breaking through, it didn't keep falling. It has now rebounded to 76553, back above 76388.
The lows from mid-September were 74967 on 9/15 and 75064 on 9/16.
Where this hourly candle closes is more important.
If it closes back above 76326, this could be a false breakdown.
If it can't close back above, the next levels to watch below are 75736, then around 75000.
This is only my personal opinion and does not constitute investment advice.