For the worst of this correction to be over, $BTC needs to start forming higher lows and reclaim $76.5K, the range support we lost.
Reclaiming it and holding above would give us a spring deviation setup, with a break of the descending channel as the next step toward a complete trend reversal.
Unfortunately, as long as we remain below the range, we’re simply building further acceptance below the lost support, leaving us vulnerable to more downside liquidity hunts until we find a base.
$BTC
Reclaiming it and holding above would give us a spring deviation setup, with a break of the descending channel as the next step toward a complete trend reversal.
Unfortunately, as long as we remain below the range, we’re simply building further acceptance below the lost support, leaving us vulnerable to more downside liquidity hunts until we find a base.
$BTC
