Hey guys,

I know you might not want to analyse your charts right now, but have you taken a look at where Bitcoin is actually sitting?

Yes we might be in the midst of a market wide bloodbath, but we’re also sitting very nicely within a higher time frame support zone where price has historically ripped in the past.

Take a look at the daily below:

BTC/USD Daily

See what I mean? Just look how hard price ripped out of that zone when price touched t previously.

The key to using these support zones is to look at the way that price has bounced from the level.

BTC/USD Hourly

Now we wait until we see a reaction on the intraday charts.

✌🏻.

Return from Bitcoin at Support Zone Where Price has Historically Ripped to forexbrokr's Web3 Blog