If BTC holds this area and does not go any lower than today's low then we're heading to new ath !
We can also see similarities between previous bounce and this one : The candle wicked below and closed way above creating a sort of gap and later another candle went into the region closing near the wick of the previous low before reversing !!!
We're seeing a similar structure right now !!!
If BTC fails to reclaim 30k region and test as support then sadly the bull run may be over !!!
It could head all the way down to 14k region (not in one wave there may be some retracements before it plummets )
IMO btc will hold new ath and there is a alt season pending !!!
Still hodling everything
NFA ! DYOR !
We can also see similarities between previous bounce and this one : The candle wicked below and closed way above creating a sort of gap and later another candle went into the region closing near the wick of the previous low before reversing !!!
We're seeing a similar structure right now !!!
If BTC fails to reclaim 30k region and test as support then sadly the bull run may be over !!!
It could head all the way down to 14k region (not in one wave there may be some retracements before it plummets )
IMO btc will hold new ath and there is a alt season pending !!!
Still hodling everything
NFA ! DYOR !
