Idea time for BTC! 3 hour buying pressure coming up for water!
Hello everyone,
I speak for myself and may others when saying the evening didn't really amount to much (yet). If course when news and events happen we see some pullback like the last couple of days. Tonight however we might see this downtrend change.
Judging by the 3 hour/1 hour/ and 33-minute time frame, we see some buying pressure coming up to the surface, we are definitely seeing at least a trend change from sell to buy, and, I do think that with the sells and dump we just saw, that force is surely going to bring it up to something positive.
I think we will see a push back up to test 10k, and let's hope for the best! Otherwise, let's just short the top!
I speak for myself and may others when saying the evening didn't really amount to much (yet). If course when news and events happen we see some pullback like the last couple of days. Tonight however we might see this downtrend change.
Judging by the 3 hour/1 hour/ and 33-minute time frame, we see some buying pressure coming up to the surface, we are definitely seeing at least a trend change from sell to buy, and, I do think that with the sells and dump we just saw, that force is surely going to bring it up to something positive.
I think we will see a push back up to test 10k, and let's hope for the best! Otherwise, let's just short the top!
We are definitely seeing continuing support at 8500. That's a good argument against the short ideas out there.
I would support a short, but with the halving and the broadcasting of the event (afterthought news), I think we are only going to continue to see buying pressure. And if mainstream rehashes btc, well then we might see an extra push.