The 75-80K range finally delivered as a strong support zone — just as anticipated.
Back in January, I marked this area as "A Sweet Spot to Pull Back," and today’s price action validates that foresight.
What's even more impressive? Bitcoin absorbed the selling pressure on both April 3rd and 4th like a champ.
Now, the 400-day EMA is stepping up as dynamic support, adding further conviction to the bullish case.
Back in January, I marked this area as "A Sweet Spot to Pull Back," and today’s price action validates that foresight.
What's even more impressive? Bitcoin absorbed the selling pressure on both April 3rd and 4th like a champ.
Now, the 400-day EMA is stepping up as dynamic support, adding further conviction to the bullish case.
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Related publications
Disclaimer
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.