Two and a half days left on the weekly, if bulls step up and the current volume spread rises above last week’s close, btc will climb to 30k and range before its next move.
If volume remains low on the close, price will fall below support and the current bear flag will play out.
Last week, price floated up and closed above resistance, becoming support, on low volume/no supply But bulls have not yet responded with a high volume bullish reaction.
imho the economic backdrop has bulls waiting for better prices, but we’ll find out soon enough.
safe trading
this is my idea not trading advice
please dyor
If volume remains low on the close, price will fall below support and the current bear flag will play out.
Last week, price floated up and closed above resistance, becoming support, on low volume/no supply But bulls have not yet responded with a high volume bullish reaction.
imho the economic backdrop has bulls waiting for better prices, but we’ll find out soon enough.
safe trading
this is my idea not trading advice
please dyor