⚡️Just got off from a very long work shift so I'm gonna try and keep this short since we already let you know about most of what's up in yesterday's idea which will be linked below. Bitcoin found that support it needed and was able to break through that $19,400 resistance managing then to rally up to $21,600 at breakneck speeds before facing that resistance and dealing with the fall that's going on right now which is relatively small compared to the rise.
⚡️For now I'm gonna use our closest marking in red as the support which is at $20,600 so we'll call that our support point should we fall further. That's just the point we don't want to fall below and should we fall below it you'll want to watch those next markings below it to see at what point we could possibly find support since things can definitely get volatile overall following this impulse rise that was definitely a coordinated buy in on behalf of whales.
⚡️The last point I'll put down is that we almost entered that MAIN WEDGE for Bitcoin and that's important to note since it proves that whales have that down as a marking too on their own charts. That wedge ends towards the beginning of November so personally I see things getting pretty great as we go from the end of September into November with crypto likely starting it's bull run again long as we don't falter too badly but mainly I see us finding support and eventually entering that main wedge once again for Bitcoin.
⚡️Thanks for tuning in to today's idea, if you'd like to leave a like or follow it'd be much appreciated, simply doing what I can for you guys so thank you as always and have a wonderful day. And always be sure to do your own proper DD and trade responsibly. Thank you.
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