TEEFARM SAID
Not so fast!!Last trade 1 15 2021 last trade 35,439.So far I would call this a test of short term support and a hold of that support.Look for the real action and volume in the Asian market trade over the weekend into late Monday.That action will tell us alot about short term direction IMHO.BOL 1/15/2021 2:03 pm est.
The Asian market action this morning Sunday 1 17 2021.Last trade 33,928.If the coin holds support 28,983-33,693 thru Tuesday morning 8am est should see a nice bounce higher.Now alot of traders have been getting whipped around in the top area 33k-41k.Smaller players tend to cut their losses when this happens.The "BIG BOYS" begin to pickup larger pieces near support levels below.BOL
DAY RANGE
33,928 - 36,720
Today 1 21 2021Bitcoin is still consolidating above short term support.The chart begins to look a little toppy short term.The options expiration Jan.29 is looming.Patience looks like it will be rewarded to new buyers 21-25k should hold support the first test down.Last trade 31,924.BOL to long's and shorts.
DAY RANGE 01/21/2021
31,338 - 35,664