Bitcoin Bouncing from Tesla Buy Area
Updated
On this simple chart I have outlayed the 1 Month timeframe Support & Resistance levels, aswell as important Buy Events & News Events in Red & Green.
Notice how we are currently resting on the average buy price of Teslas Bitcoin investment back in the start of the year.
theguardian.com/technology/2021/feb/08/tesla-bitcoin-price-new-high-elon-musk-dogecoin
If we dont fall underneath this area I would say its a pretty good sign for Bitcoin to continue moving upwards.
See my linked idea below, where I compare similarities to the Coronavirus dump.
Invalidation in the short term is if price falls underneath $28000, goodluck.
Notice how we are currently resting on the average buy price of Teslas Bitcoin investment back in the start of the year.
theguardian.com/technology/2021/feb/08/tesla-bitcoin-price-new-high-elon-musk-dogecoin
If we dont fall underneath this area I would say its a pretty good sign for Bitcoin to continue moving upwards.
See my linked idea below, where I compare similarities to the Coronavirus dump.
Invalidation in the short term is if price falls underneath $28000, goodluck.
Note
Looking good so far, Looking for something like so.Note
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