⚕️Title speaks for itself, Bitcoin needs some medical assistance, and asap. We see all that has happened since our 200 EMA loss which is encircled in the white and just how that's impacted us. We then lost our footing and fell below my $20,266 mark of support managing to regain ourselves after our wicks extended to $20,050 twice already forming those bottoms.
⚕️Last night I added a new mark at $20,381 before going to sleep as I figured it would play a role in the night's movement and it did acting as our rejection mark being that it was the last low we had before the plummet started prior as you can see below.
⚕️After that chart I went to sleep and the updated chart above show's what happened so now we can in the least have $20,381 as a resistance point we're aware of now. Main hope now is that Bitcoin can find the support it needs to get back above the $20,260 mark else this fall can definitely extend further down and we can come fact to $20,092 where our candles closed at the two bottoms and form another retest there.
⚕️Leaving things here so I can get to my other work and tasks since it's been a real busy week but if you'd like to leave a like and follow to keep posted as always it'd be much appreciated, thank you and wishing well!
~ Rock '
⚕️Last night I added a new mark at $20,381 before going to sleep as I figured it would play a role in the night's movement and it did acting as our rejection mark being that it was the last low we had before the plummet started prior as you can see below.
⚕️After that chart I went to sleep and the updated chart above show's what happened so now we can in the least have $20,381 as a resistance point we're aware of now. Main hope now is that Bitcoin can find the support it needs to get back above the $20,260 mark else this fall can definitely extend further down and we can come fact to $20,092 where our candles closed at the two bottoms and form another retest there.
⚕️Leaving things here so I can get to my other work and tasks since it's been a real busy week but if you'd like to leave a like and follow to keep posted as always it'd be much appreciated, thank you and wishing well!
~ Rock '
