BTC zones 12/22

Dec 23, 2020

The poke under the range low of 22277 was bought up nicely. Buyers held that daily low from the 21st and now we are back testing the range high of 23750. Looking for further consolidation. Pullbacks down to 23400-200 would still be bullish and I would look for buyers to hold. A move to a new high will be important to watch as a failed breakout would open the door to test the recent lows and a break of that could result in a liquidation move lower.