BTC bears rejected (again and again)

2018年1月23日

6 days now out of the past 8 the bears are trying to break through support between 10100-10600 and each time rejected with a daily close above the support zone. This means the buyers are happy to soak up all sells in this area. I believe today is seller exhaustion day and we will see shorts give up and close higher than 10600 ending the current correction and triggering a powerful leg up.