$BTC update. Part 34557
Support looks bad. Retouched multiple times with no significant bounce.
That means there are no buyers at this level anymore. From another perspective- price also does not crash with good solid move through 60K.
Imagine yourself selling from 64K, and managing your trade in 1H-15M, you’d close the trade with all the higher highs and wicks this TF is printing now.
Leave alone the FUD. Do you have clear biases when you look at the chart? Like can you tell: market is surely bearish or market is surely bullish?
Or do you feel like lower time frame flips your biases? And higher TF is rather controversial?
Generally it is still 60-70 range. Maybe downside direction is a bit more likely. For sure there is no clear bottom signal.
I hodl BTC and gamble on nothing ATM. As we break one side or another, I’ll take an action