B I T C O I N
The whole green range is now valid structural support.
The structure didn't hold as support. This breakdown tells us we should expect for price to return back to the blue range, which is the next viable support zone. As always, we'll have to wait and see when we get there if it works.
We tapped the blue zone, as I foreshadowed this morning. Now, we have a new test... Can we rebound on this proven support zone? By default, the bias has to be "yes" because it's already proven support. But if it fails, then that's important signal.
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