BTC Bulls Derailed
BTC had a bull break yesterday which appeared to favor the daily trend change and follow through, but it was met by a big bear spike in volume and 4%+ drop in a few hours. This has completely shifted momentum and led to BTC being on the verge of breaking the recent daily higher low. We would need to see BTC bulls break $7,225 this morning to regain their short term control.
With a break of $7,115 we look to 7,000 and the inability for a daily trend change to occur for bulls. Currently in a small starter position in the upper $7,200s with a tight stop if $7,115 breaks. Back to patiently waiting for clarity on the daily if that were to happen.
liking the 2D chart for clarity if we see a support break.
Glad to hear crypto youtubers are
With a break of $7,115 we look to 7,000 and the inability for a daily trend change to occur for bulls. Currently in a small starter position in the upper $7,200s with a tight stop if $7,115 breaks. Back to patiently waiting for clarity on the daily if that were to happen.
liking the 2D chart for clarity if we see a support break.
Glad to hear crypto youtubers are
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