Sonny
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Full time trader and investor specializing in Elliot Wave Theory, market psychology and macro cycles.
Bitcoin looking like a retest of the breakout. You can see this level is key because it is the open of the weekly candle from the March breakdown, I call these control bars, because they are often in control of price action. So far it is bouncing there and has 18h level 2 bullish exhaustion. So will be looking for a nice bounce this week.
It really needs to go vertical to stop this 10D volatility from expanding to the downside, chance this was a headfake below the BB before a powerful reversal but remains to be seen