my last post labeled " BTC supper bullish weekly close" (it will be in the related ideas)
i noted that there were two scenarios about to play out when weekly closed under 46k
it said 31k-34k is the buy area which was scenario 2.
that tap of 34k could be the only touch we see who knows, remember 34k is the strongest BTC was ever at...
I note 31k too because the weekly never broke that level ever since we broke above 30k.
what we should look for is how this weekly will close, we have around 26hr left.
if we close under 31k the little bullishness that i have will fade, i highly doubt we break 31k but we might see a big bear trap played out somehow
its all up to the weekly.
will update this accordingly, we are testing the bottom of the second channel.
if i do find new strong support/resistance I will publish a new idea entirely.
remember the last top wasn't 20k.... its 18.5k
also on the way down there's strong support at 24k its not as strong as 18.5k or 31k
goodluck all