Theoretically we have already spent support in the low $30K's for BTC which resulted in the second peak to $69K.
Support (generally) doesnt hold on the second test, and develops into a new resistance zone.
We haven't tested support in the $20's properly against volume profile - see peaks on the right hand side.
Will we see a sub $20K BTC?
Support (generally) doesnt hold on the second test, and develops into a new resistance zone.
We haven't tested support in the $20's properly against volume profile - see peaks on the right hand side.
Will we see a sub $20K BTC?
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Disclaimer
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.