Confluence at 25.2k region for EMAs and supply areas. Solid purchase area, reasonable to see us work down there. Then a move back up to 30k till end of summer, followed by a look to push higher into the fall.
Note
reached quicker than anticipated due to SEC lawsuits. Support did react as anticipated, got front run a little bit. If this level cant hold, a move to 23.5-8k would be expected.Note
nothing has changed, still around supportNote
Put some respect on ya boys name. Right into the support bank. Low of 24.8k held. Rebounding nicely. Looking to push resistance at 27k by early next week.Note
27k hit, at resistance currently. Lets see if btc can push through after a bit of consolidation.Note
yeah this all played out faster than expected, thank you etf news. See my updated posts for more!Note
Consolidating under 31k as expected. Some thought wed push through this region faster. However, as noted above i had expected consolidation through the end of the summer. Original thoughts played out faster than i expected. However, we have been moving solid for two weeks now. Still expect further consolidation but a push to 32.5k would not surprise me. Buying areas are 28.5k and 27k would be a gift.Disclaimer
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.