Thank you for the analysis you shared. I am still in the process of learning to understand the relationship between volume, support, and resistance in BTC price movements. From the explanation you provided, I gained a new perspective on how to read the strength of buyers and sellers. I will continue to observe the levels you mentioned and see how the market reacts in the coming hours.

BTC0.56%
View Original
TonyTheBull
Bitcoin appears that it wants to trend below the lower Bollinger Band for the first time ever, per this downtrend channel making lower highs & lower lows
Getting into the teal zone led to the largest parabolic downtrends in Bitcoin's history
Getting into the pink will do what?
repost-content-media
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned