This analysis shows why I am still bullish on BTC as we have two major support trend lines that BTC still follows.
If major support trend line 1 holds (as it currently is doing) I see BTC continuing back towards 40k by the end of the week.
If nr 1. trend line is broken I expect BTC to move back towards trend line nr 2.
If BTC breaks below trend line nr. 2 I will officially be bearish on BTC.
If major support trend line 1 holds (as it currently is doing) I see BTC continuing back towards 40k by the end of the week.
If nr 1. trend line is broken I expect BTC to move back towards trend line nr 2.
If BTC breaks below trend line nr. 2 I will officially be bearish on BTC.