Anchored VWAP from previous support at 3k showing ~14k support.

19 ago 2022

BTC bounced off 160 dollar support line, on a log chart, 3 times before launching to ath of 69k. Using the low setting anchored vwap, we get a reading of high 13k area. This also coincides with a falling trend line from 64k, and the drop from rising wedge that is being developed.

I think a short to ~14250 is highly probable.