Bitcoin Bears or Bounce?
Looking at this 4hr chart it's clear to me that Bitcoin is at a critical level.
If we have more downside we should find some support around $34,000.
If that does not hold then my next level to watch would be just below $30,000.
If $30,000 doesn't hold, I would look to around $20,000 next. I remember that there is a CME gap around $9,000,
but I've been running all night and I'm too tired to verify it.
So if we do continue down, just understand that anything is possible.
Do I think we will go that low?
No I don't, so I'll be looking for that bounce around $34,000.
But I am just a werewolf, so don't take any advice from me!
I spend most of my time running around in the woods and scratching myself.
I'll be waiting in the bushes to see how this plays out. What is your plan?
Owhooooo!
If we have more downside we should find some support around $34,000.
If that does not hold then my next level to watch would be just below $30,000.
If $30,000 doesn't hold, I would look to around $20,000 next. I remember that there is a CME gap around $9,000,
but I've been running all night and I'm too tired to verify it.
So if we do continue down, just understand that anything is possible.
Do I think we will go that low?
No I don't, so I'll be looking for that bounce around $34,000.
But I am just a werewolf, so don't take any advice from me!
I spend most of my time running around in the woods and scratching myself.
I'll be waiting in the bushes to see how this plays out. What is your plan?
Owhooooo!
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