dragonfire1024

Bears haven't gotten near 8500-8800 since January (BTCUSD)

Panjang
FTX:BTCUSD   Bitcoin
Bears have a magical price, depending on who you talk to: $8500-8800. The above chart shows pretty clearly how that price isn't on track to happen again anytime soon. The green arrow points to the ping at 6400. The red arrows represent the last 3 times bears tried to get a good break and failed. This is assuming their each attempt is an attempt at 8500-8800. Each time they try, they get further and further away from their target range. Ad long as significant support remains in the 96xx-95xx range, and intensifies, their attempts will not only get them rekt, but also broke.

Penafian

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