BTC update:
Following on from my last post about supply and demand, here's a big supply level I'm looking at on BTCUSD.
I'm curious to see what happens here. I expect of course a significant bounce, but we could fake to the $14,100 mark which is a compressed zone. These sorts of areas require a big push to get through.
For now, that's my next level of interest
Nice post! How far do you think it might go down after it touches 14k?
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Maybe back down to the $9700 range. It's quite hard to tell how far something could bounce. Usually you just need to enter at the range and have a predefined target
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