Another way to look at the charts is using floors. Since December Bitcoin was moving up the floors until yesterday when we dipped down 1 floor, if you are bullish Bitcoin , you don't want 8-8.2k becoming resistance. The current floor has support all the way @ 6k area which will most probably cause
a pretty decent bounce. The more standard way of looking at the charts is here with four time frames:
a pretty decent bounce. The more standard way of looking at the charts is here with four time frames:
