BTC Great to see such a reaction from ~$76800 from Bitcoin However let's not forget what we're looking for, which is whether ~$76800 is weakening as support "Any lesser rally…
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#BTC Great to see such a reaction from ~$76800 from Bitcoin However let's not forget what we're looking for, which is whether ~$76800 is weakening as support "Any lesser rally than the mid-Septemb…
#BTC Great to see such a reaction from ~$76800 from Bitcoin However let's not forget what we're looking for, which is whether ~$76800 is weakening as support "Any lesser rally than the mid-September uptrend originating from this local ~$76800 support would be a sign of weakening support" In mid-September, Bitcoin rallied +13% to the upside from ~$76800 Bitcoin bounced +5.5% today If Bitcoin can't break $80400 (orange) and especially $82300 (blue) then price will have produced a lesser rally Which would cast in doubt on the strength of the ~$76800 level as a demand level Macro-wise, pullbacks are for scaling in But for the next 2-3 months, there's still potential scope for lingering weakness which could provide opportunities for the long-term The solution to marrying both approaches is dollar-cost-averaging $BTC #Bitcoin
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