BTC Update
**BTC update.**
Market broke it's pivot support level we've been waiting for.
We now have a pivot res right above us at 43k.
Consider the crypto rally over until we can get above that new hurdle, in which case 47k is next target.
36k-39k has a chance of springing bitcoin back into 43k+ but only buy reversals in that zone with stoplosses at new lows.
From here it's a quick fall to new lows for week. Tighten stoplosses.
I still have no faith in 30k-36k leading us to a rally above 44k.
Market broke it's pivot support level we've been waiting for.
We now have a pivot res right above us at 43k.
Consider the crypto rally over until we can get above that new hurdle, in which case 47k is next target.
36k-39k has a chance of springing bitcoin back into 43k+ but only buy reversals in that zone with stoplosses at new lows.
From here it's a quick fall to new lows for week. Tighten stoplosses.
I still have no faith in 30k-36k leading us to a rally above 44k.
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