we are currently in an important spot in price action

26 Jan

current price action if enough buying volume would prop up the price for a nice consolidation phase or recovery to the upside as we are at a crucial level when the price dropped near 38k and recovered as investors may have found that price or deemed it cheap. this will also affect miners and should be interesting point in time because if that weekly candle reverses and next week is backed with more bullish buying momentum the monthly timeframe can change as well.