Price is holding well at this 20k range. But I don't necessary see this is the bottom.
There are plenty of reason to not think the bottom is in. Yet doesn't mean we cannot see a stronger bounce. (see videos for technical levels m looking at)
I is important to realise that macro trend are still looking very nasty and any long positions on intraday/daily swings should been seen as of short term and high risk.
Check the video for my latest thoughts and a walk-trough some futures data and orderbooks as an extra.
There are plenty of reason to not think the bottom is in. Yet doesn't mean we cannot see a stronger bounce. (see videos for technical levels m looking at)
I is important to realise that macro trend are still looking very nasty and any long positions on intraday/daily swings should been seen as of short term and high risk.
Check the video for my latest thoughts and a walk-trough some futures data and orderbooks as an extra.
D7R
