BTC - Make or break going back into channel
After selling at 9100 due to the divergence, I'm looking at around 8600.
If it breaks green line I wouldn't be surprised if it went down sub 8000.
If it breaks green line I wouldn't be surprised if it went down sub 8000.
We broke the green line hovering around 8600. Looks like we found a bit of a support, but the risk of going down to 7500 is still there. I am now going to wait to test the cyan line around 7600 and enter on the bounce back up.