BTC Bitcoin Lower Support $7250 Trend Range - Buying Opportunity
Updated
On a 4 hr time frame, we see further downside to S2 $7250 and holding here before moving up. The most bearish scenario is breaking below S2 and testing recent lows of S3 $6000 mark. At S3, there's much support here and will hold (great buying opportunity). All-in-all, we'll see RANGE movement between Supports (S!, S2, S3) and Resistance (112K) for the next few months. Not too exciting in crypto-world, relative to 2017 year-end hype !
Note
Did I call the downside move to $7250 or what? 3/21 and 3/24 were fake out moves. Now, bearish sentiment.
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