Bitcoin failed to breakout yesterday.Backed off to 38,000 last trade this morning 39,068.Support and resistance are very important.2-7-2021
range 38,045 - 40,481 2-6-21
TEEFARM SAID
TEEFARM SAID:
Today 1-29-2021 now Bitcoin needs to take out the old highs 41,900.Failure to do so would call for yet another test of that support level.Last trade 1-29-2021 10:23 am est 37,262.Charts look like they still need to solidify 21-25k and 28,797 to 31,793.BOL to all
Bitcoin has it's chance this morning 2 6 2021 to breakout over the previous high 41,900 last trade this morning 40,339.If the volume comes in upside short term targets 45,373,46,979,47,673 a little further out 49,573 to 53,679.But it first it needs to take out that high with fury.Failure to do so leads to a retest of the previous breakout levels.BOL to all