BTC has been respecting this green trend line for a while now. If we break under this and close a daily candle below it, I will be entering savage bear mode. I am in a long (leveraged) position from 7190 as we speak, I could have closed around 7290 but I decided to hold to see if we bounce higher. It's up to new buyers at this point. Hopefully some new skin comes into the market soon to bring volume back into BTC since we are near yearly lows for volume. Thanks for checking out my idea guys!
- Matt
- Matt