BTC JUST PRINTED A MASSIVE REJECTION WICK OFF THE 81K DIP
Bitcoin tried to break down today and the market said no
The daily candle dipped all the way to 81023 and got bought so hard it closed at 83821
That is a lower wick covering 60 percent of the whole daily range and closes like this mark real demand not luck
Price is back above the 7 day average near 83000 which keeps the short term trend intact
The 30 day high at 87330 is still the magnet and this candle is the first real sign the pullback is ending
My call is BUY
Entry zone 83000 to 84000 dollars
Stop loss below 81500 dollars
Target 87000 dollars
My take as an analyst? When Bitcoin flushes 2800 dollars intraday and still closes above its weekly average the sellers are exhausted and dips keep working
Are you buying this BTC dip or waiting for a deeper flush toward 80K?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Trading
Bitcoin tried to break down today and the market said no
The daily candle dipped all the way to 81023 and got bought so hard it closed at 83821
That is a lower wick covering 60 percent of the whole daily range and closes like this mark real demand not luck
Price is back above the 7 day average near 83000 which keeps the short term trend intact
The 30 day high at 87330 is still the magnet and this candle is the first real sign the pullback is ending
My call is BUY
Entry zone 83000 to 84000 dollars
Stop loss below 81500 dollars
Target 87000 dollars
My take as an analyst? When Bitcoin flushes 2800 dollars intraday and still closes above its weekly average the sellers are exhausted and dips keep working
Are you buying this BTC dip or waiting for a deeper flush toward 80K?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Trading