Recent: slopechart_$BTC.jpg
slopechart_$BTC.jpg
BTC - saving for the hysterical preservation aspect.
Long term support holding for 7 days now. Loooooooooong term support.
Anecdotal observations: I would like to have seen a violent rejection of that trendline. Given my perceptions of Bitcoin price movement in the past, I think price hanging out here is bad juju.
There are other trendlines that can be drawn for support here, but they have to cut through the Covid low, which gets a little weird. Ignoring one off big prints for the sake of more sensible charting did not reap me rewards in the past.
$13,800 seems like a nice target. $9,800 after that was the prior consolidation phase. After that I'ma wait and see, because price targets under those quickly drift into "WdahF U talkin 'bout brah?" territory.
Happy Tuesday!
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