BTC still runs in the downward channel, coming back and forth under downward pressure; - same as yesterday.
We’re at a critical point of shifting toward consolidation from capitulation, however, if $19561.81 is broken, consolidation cannot be sustained and the bottom-seeking phase is easily compromised.
Breaking up and holding $22696.03 for 3 days is favorable for the market to consolidate and sees the bottom and then start building - needs time to be tested.
We’re at a critical point of shifting toward consolidation from capitulation, however, if $19561.81 is broken, consolidation cannot be sustained and the bottom-seeking phase is easily compromised.
Breaking up and holding $22696.03 for 3 days is favorable for the market to consolidate and sees the bottom and then start building - needs time to be tested.
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