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RE: LeoThread 2023-05-11 12:54

in LeoFinance2 years ago

#btc bears pushing for sub $27K, as options expire tomorrow. Anything between $26K and $30K is just noise... neither bullish nor bearish. This is the range... nothing more.

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Do you day trade?

Yes, but not at the moment... no clarity/confluence, which makes it gambling. On the sidelines for now.

The market is confusing. However I'd personally say, we're making progress when we break 30k. Maybe during the summer

Yes, especially above $33K... because that opens up the area to $38K... next meaningful resistance.

Where do you think support is? What level are you looking at being broken where you say, oh crap?

Losing 22K would present a challenge... $24K to $25K should be fairly strong.

Thanks for the info. I dont follow it close enough.