BTC Downside playing out as expected, seeks 4000
Earlier we spoke about how the downside was exposed, and the consolidation phase and ATR was showing incoming volatility. My guess was to the downside and it paid off. I think we will see a big retracement in Bitcoin.
Downside levels are 4190 and 4130. Although I could see even a 4000 print today if things get really bad.
good, time to buy more...
hard to tell yet we will see when the selling runs out of pressure.
Looks weak but with bitcoin one can never tell.
It can only be weak for a moment it seems... big buyers stepped in near 4180