$BTC bounced after tapping support. Buyers stepped in, absorbed the liquidity sitting under the range and pushed price back up. That kind of reaction is constructive. it suggests demand is still active at that zone, and there's possible bullish continuation from here.
Thats a Good defense of support there but its not a confirmed breakout yet. So, I"d Stay constructive while it holds, confirmation comes when theres a reclaim of the recent rejection area.
#tradingtips #Bitcoin #BTC
Thats a Good defense of support there but its not a confirmed breakout yet. So, I"d Stay constructive while it holds, confirmation comes when theres a reclaim of the recent rejection area.
#tradingtips #Bitcoin #BTC
