daily TF XBTUSD
no one expected BTC will hold 6400$ suppport levels after ETF rejection
BUT IT FUCKING DID
It shows only how strong BTC is right now and how strong the 6400$-6200$ support levels.
From 6400-6500 it may go higher for sure, now we are storming 6500ish levels.
agreed, this is bullish in my eyes.
There would been heavy selling pressure, after the ETFs got rejected, heck the sec even rejected futures ones to!
But the support holds! Market is also in deep depression and pessimism! yet the market holds!
I think your right on this!
@crypto3em3, this ETF sellings were all absorbed at 6200-6400$ with lightning speed. I bet these were thousands of BTC.
Now we are at 6500$ lvl, like there were no rejection whatsoever.