Soooo ... after the dramatic $1,400 drop BTC found support at the bottom of the large rising channel ... and bounced right off of it.
This exact point is also where the 200 day EMA can be found ... both resistances saved the day... for the moment.
The bad thing is we dropped under the 2,5 year (green) resistance line ... and this all just one day before the halving.
If the channel is valid, we can only go up from here.
There is a CME gap at around $10,080 ... lets see what happens the next week.
This exact point is also where the 200 day EMA can be found ... both resistances saved the day... for the moment.
The bad thing is we dropped under the 2,5 year (green) resistance line ... and this all just one day before the halving.
If the channel is valid, we can only go up from here.
There is a CME gap at around $10,080 ... lets see what happens the next week.
