This definitely has a calm-before-the-storm vibe! If we lose this 6.3k zone, we could see a big lurch down.
RE: Bitcoin Analysis
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Bitcoin Analysis
Bitcoin Analysis
This definitely has a calm-before-the-storm vibe! If we lose this 6.3k zone, we could see a big lurch down.
Yeah. It looks like this may be starting to play out towards the down side, but it’s still too early to be sure. I am watching and waiting. If there is a high volume breakout to the upside I will try to jump in on it if I’m there to see it happening, but it seems unlikely at this point. I think the smart money is wisely waiting for price to fall below 6k again.
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