Here is a bitcoin weekly chart that explains what needs to happen in order buy safely with little risk.
Bitcoin Almost Safe to buy !!!!!
7 years ago in #bitcoin by daytrader105 (53)
$62.81
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I think that there is more psychological resistance in the mid $8K zone - perhaps around $8,600-$8,700. Once we break past that point yeah the $9,250 resistance will be tested again. It could be weeks til we break this point so this is a great consolidation period.
So, I'm a little confused. How did you arrive at the positioning of your second, upper line?
supply zones are an area , not an exact price. i drew the complete area. once this area is fully taken we should be safe to go.
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