This is exactly what I was talking about. Have seen this so many times with major moving averages like the 100 and 200: It dips below, stays there one day, rekts all the noobs by them having weak hands and selling the bottom. Then the price gets manipulated…

1. day close above 66k ✅ 2. day no significant downside. ✅ 3. day (today) We need a pump to get the nice bear trap reversal. If we fail to get momentum - „falling off a cliff feeling“, we will head lower. 62-63k, then 57k~

Good start. Let‘s hope we get some momentum. Big resitstance is 67k now (unfortunately)

Downward slope has been decreasing. Decent first signs of a potential reversal 🤞🤞🤞

Good effort so far. Closing the daily above 67k would be a great signal. 2 hours to go

Daily close was ok. As expected 67k held as resistance. We need a pump follow up here today or tomorrow or we go lower

Daily isn‘t over yet. I hope we get some momentum here for a potential LTF double bottom

We didnt. Major support 64.8k hit. If we close the daily below you see the next yellow line

We didnt. Major support 64.8k hit. If we close the daily below you see the next yellow line

We wicked through again but closed above. Same story as before: stay above today, pump tomorrow/within the next 2 days or we go lower.

We wicked through again but closed above. Same story as before: stay above today, pump tomorrow/within the next 2 days or we go lower.