Great analysis.
If price can close above $8600 (yellow line) and break the daily trend line, that will be the first signs of a reversal.
I'm looking for price to take out the sell orders at $9250 (green circle) on the 4 hr chart before being convinced price wants to move higher.
Thanks for this analysis! @rollandthomas, I am a beginner but I am learning little by little and investing.
Agreed, good info. Last two bounce attempts were basically fake out so maybe third time is a charm
I see some strong support around $5000 😂😂😂