BitcoinLong
BTC $4,000 Resistance Looking Very Weak
On March 18th (UTC) there were 7 wicks above $4,000 on the 1H (in 24H) (blue). This substantially discredits $4,000 as a resistance. Additionally, a higher high was painted (pink) discrediting the idea of consistently lower highs.
$4,000 expected to fall once again, and eventually I expect this to breakout and run to ~$4,100.
Additionally (not shown above):
On the 1D chart, we painted our 6th higher-low today, showing the true weakness of bears.
$4,000 expected to fall once again, and eventually I expect this to breakout and run to ~$4,100.
Additionally (not shown above):
On the 1D chart, we painted our 6th higher-low today, showing the true weakness of bears.
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