BitcoinLong
Hard bounce off $53,000 and MarketCipher 4h Buy Signal
BTC bounced straight off $53,000 on the 1min chart (supported by trend-based fib extension from last mini-cycle) and also created a support level at $54,000 with volume and fib retracement assuming high of $73,470 for next mini-cycle (estimated by price difference from previous ATH to the local low).
MarketCipher 4h buy signal also activated. This has been a strong indicator for a local reversal in each of the last 1-2 week cycles.
MarketCipher 4h buy signal also activated. This has been a strong indicator for a local reversal in each of the last 1-2 week cycles.
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