BTCUSD (Intraday) – Bulls failed at 4400-4500 but hold 4000

Well, I have to honestly admit that I was expecting much more yesterday (link) as well as I was afraid to fail at 4400-4500 range. The break through that range would likely be followed by a huge and fast sell-off towards most recent lows. But on the contrary, we saw the rejection and are still above 4000 (at least for now).

Ok, if we can take out the 4100 we may test the 4400-4500 again and then, who knows…

 

Should you have any questions feel free to contact us anytime.

Good luck Champs!

Mr Hawk

 

 

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