Bitcoin Price Must Absorb 26,500
Traders,
Until BTC absorbs the 26,500 price level, another retest of 25,200 is likely and the bears remain in control. If the price of 26,500 is absorbed and exceeded, we can then think about 30-31.6k again. If our support of 25.2k is broken, we can then think about 20k. In between 25.2 and 26.5, we simply remain in limbo with bias slightly bending towards the downside.
Stew
Until BTC absorbs the 26,500 price level, another retest of 25,200 is likely and the bears remain in control. If the price of 26,500 is absorbed and exceeded, we can then think about 30-31.6k again. If our support of 25.2k is broken, we can then think about 20k. In between 25.2 and 26.5, we simply remain in limbo with bias slightly bending towards the downside.
Stew
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
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