$BTC Technically, we're still at a decent price on the weekly timeframe. After all, it's the same place as yesterday.
But the lower timeframe looks horrendous right now with those two daily candles—we can agree on that.
This is the area where the bulls need to defend. The weekly candle close is important to watch.
Technically, everything down to $73K is high-timeframe support here. Lose that, and the higher timeframe starts to look questionable.
But one level at a time.
But the lower timeframe looks horrendous right now with those two daily candles—we can agree on that.
This is the area where the bulls need to defend. The weekly candle close is important to watch.
Technically, everything down to $73K is high-timeframe support here. Lose that, and the higher timeframe starts to look questionable.
But one level at a time.
