So that 84.8k push yesterday didn't last long 🥲
$BTC gave it all back overnight. Two red 4H candles from 84.4k down to 82k, and now it's sitting right under both 4H EMAs around 82.5 to 82.7k. Volume on the drop was bigger than on the pump, which I don't love.
For me 81k is the real line. That's where it bounced on Oct 20, lose that on a 4H close and 79.8k comes into play.
If bulls want it back they need a close over 83k first. Do that and 84.3k is on the table again.
Chop until one side breaks I think. Anyone buying this dip or waiting?
nfa, watching more than trading today
#BTC #Bitcoin #CryptoMarket
$BTC gave it all back overnight. Two red 4H candles from 84.4k down to 82k, and now it's sitting right under both 4H EMAs around 82.5 to 82.7k. Volume on the drop was bigger than on the pump, which I don't love.
For me 81k is the real line. That's where it bounced on Oct 20, lose that on a 4H close and 79.8k comes into play.
If bulls want it back they need a close over 83k first. Do that and 84.3k is on the table again.
Chop until one side breaks I think. Anyone buying this dip or waiting?
nfa, watching more than trading today
#BTC #Bitcoin #CryptoMarket