Without a strong support line and such strong bearish sentiment from a majority of traders, why did we bounce off $7,810 so hard? *The volume spike at $7,810 could be whales propping up the price to create a bull market.
I'm seeing solid support between $8,000 and $7,800. BTC 1.24% tapped off $7,810 and ascended back into my projected range (Green). Did the whales buy their long positions over the last 2 days in the $6,500-$7,000 range and now they're propping the market by buying the dips and KEEPING HIGHER LOWS?