Good morning all, checking back on Bitcoin today. Few small bearish candles on the lower timeframes and its panic stations across the board. Last time out I drew what looked to be a bearish flag. Technically it was to drop further, which is what we got. But what I am taking from this bearish time in BTC is the strong weekly demand zone we cant push through. Three times now its being tested and each time its higher than the last. I am holding my buy until at least this weekly demand zone is broken. I believe this is the bottom, but I could be wrong. GLIYF
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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.