BTC and VPVR

7 thg 3, 2022

BTC bounced off of the bottom of the 0.786 Fib and bottom of the weekly cloud. Chart shows the VPVR indicator. The longer the horizontal bars, the stronger the supports and resistances. And vice versa. This is why BTC sliced through recent prices like hot knife through butter going up then down, as shown by the long green and red candles. Good news for bulls is that there are strong supports before we get to 30K.