BTC is at its lowest 1D RSI in 3 years. Can't remember the price dumping further at this level. It might have happened - but very rarely.
25k is very strong support.
If BTC wants to go lower I assume we see a bounce up to $28000-28600 first.
Some levels of confluence around 24100 and 22800.
IF BTC rises to 28500 but fails to break the resistance I will likely sell (only a few % of my whole bag) and rebuy lower.
NFA. DYOR. I am a human being, and I have been married three times, so I'm obviously prone to error.
25k is very strong support.
If BTC wants to go lower I assume we see a bounce up to $28000-28600 first.
Some levels of confluence around 24100 and 22800.
IF BTC rises to 28500 but fails to break the resistance I will likely sell (only a few % of my whole bag) and rebuy lower.
NFA. DYOR. I am a human being, and I have been married three times, so I'm obviously prone to error.
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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.