Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
dragonvslinux
on 28/12/2021, 11:23:44 UTC
⭐ Merited by NeuroticFish (1)
TL:DR: Everything looks fine.

After the nice attempt to recovery yesterday and then the fall I was a bit puzzled.
I was hoping for some somebody come with the numbers and charts.
Thanks.

You're welcome, it's just my opinion but shared by others it seems. I realise it looks a bit confusing right now, but as referenced $51K was due for rejection, while $48K-49K level was always due as support. I was expecting this to play out yesterday, so naturally my opinion remains unchanged right now. Below $48K and the structure of the recent recovery becomes invalidated, but not there yet nor expecting it personally.