As stated in prior updates this morning i expected to see the range at $19.5k taken by the bears and then for them to follow up with a line in the sand at $19.4k for the next TEMP. line of R.
This has taken place and the bears co0ntinue to remain in control and i foresee them continuing to walk the Bulls down level by level. The next level they are taking is the $19.3k range unless the Bulls step in with more aggressive buying orders this will shortly become another level lost to the Bears.
In the bigger picture all of this is a GREAT range to begin DCA and or accumulating your start to a Bitcoin future. However, if you're trying to trade daily/weekly/level by level than this is the information you're most likely looking for.
This has taken place and the bears co0ntinue to remain in control and i foresee them continuing to walk the Bulls down level by level. The next level they are taking is the $19.3k range unless the Bulls step in with more aggressive buying orders this will shortly become another level lost to the Bears.
In the bigger picture all of this is a GREAT range to begin DCA and or accumulating your start to a Bitcoin future. However, if you're trying to trade daily/weekly/level by level than this is the information you're most likely looking for.