Not a ton to update here. Same as for past several weeks. I outlined the major support zone back in September or so where bulls eventually found support and gave for tremendous trade entries. Once it later failed as support it flips to a resistance zone. And thus far bears have done their part in keeping it as resistance. Unable to fight above the zone and bears are now seeking to push price below $7,000 which would give bulls a real threat of falling back under $6500 for our recent low.
Until bulls can get above the resistance zone, I have a very hard time looking bullish here and unfortunately it's a game of patience
Just My 2 Sats!
Until bulls can get above the resistance zone, I have a very hard time looking bullish here and unfortunately it's a game of patience
Just My 2 Sats!
