Today 1 10 2022 Bitcoin touches the 39k support area and bounces slightly.Last trade 41,609.Still looks like Bitcoin wants and needs to test lower support area 29,337-36,997.We could see a slight bounce before the test of support continues.
DAY RANGE 1 10 2022
39,712 - 42,484
DAY RANGE 11 16 2021
58,870 - 64,015
Volume (24h) $46.0B
Today 10 20 21 new all time high.The only thing concerning is the lack of volume to confirm the move.Last trade 65,723.Bitcoin rocked back into the zone.My work gives me doubt that we hit my 73k target then 103k before we see some kind of retracement of the current move.BOL to all
POSTED: 10/15/2021 8:28 AM Post tools#2389
My only concern on this run is volume!!If Bitcoin makes a new high without confirming volume it will retrace a good portion of this current move!!
Volume (24h)
$40.8B
-2.03%
POSTED: 10/01/2021 9:38 AM Post tools#2335
Today 10-1-21 Last trade on Bitcoin 47,227 at 9:33 am est..Short term charts have perked up beautifully this morning.The main ingredient volume however is paltry 39.22 Billion.With proper volume it would rock back toward 63k-67k without the volume sideways consolidation will continue as long as 39k-43k support continues to hold pullbacks.BOL to all