Observe this chart. You will note how powerful weekly supply and demand zones can be. Strong buying came in in the green box (demand). Strong selling arrived in the red box (supply). These are some of my favorite strategies for my most preferred setups which are multi-week/month. I would not be surprised to see a test back into the demand zone on this diltuted stock. Bitcoin bulls are simply buying the ETF and better proxies these days including MSTR, HOOD, COIN, and IBIT.
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