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Hey guys,

BTC/USD Daily

The higher time frame chart looks pretty ugly, but today’s price action on an intraday chart might make you feel a little better.

BTC/USD Hourly

It really is crazy how price has just immediately retaken yesterday’s drop and is back up.

You can see how much further we’ve got to go, but that higher time frame support zone is still holding, with price forming a good base.

It’s support until it’s not. Manage your risk around it while it’s there.

Peace ✌🏻.

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@forexbrokr | Steemit Blog

Forex and Crypto Market Musings.

Twitter: @forexbrokr
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