Quick update: Can BTC $BTC pull a spoon move?
Personally, I think as long as the weekly candle doesn't close below 75555, there's still a chance for a spoon move.
Right now, the key resistance above is at 78500. Whenever we can reclaim that level, we might see some bullish action again. Strong support is found in the 75555-73800 range,
which is around 74k. We can't let the daily candle close below this area; if it does, the bulls will be in a tough spot. Just gotta play it by ear,
I'm still bullish and holding long positions, playing it cool!
(This is just my personal opinion, for reference only, not investment advice!)
Personally, I think as long as the weekly candle doesn't close below 75555, there's still a chance for a spoon move.
Right now, the key resistance above is at 78500. Whenever we can reclaim that level, we might see some bullish action again. Strong support is found in the 75555-73800 range,
which is around 74k. We can't let the daily candle close below this area; if it does, the bulls will be in a tough spot. Just gotta play it by ear,
I'm still bullish and holding long positions, playing it cool!
(This is just my personal opinion, for reference only, not investment advice!)