8th Feb - Tesla announces investment in BTC. BTC shoots up almost instantly.
Added VPVR (Volume Profile Indicator) shows the gap up zone has very low traded volume across a huge range. This was due to a lot of panic & FOMO buying after the news announcement. The week leading up to that saw continuous ATH for BTC and subsequently a correction of price just about back to the FOMO zone (40 - 42K BTCUSD).
Will it take support here?
Until then #HODL
Added VPVR (Volume Profile Indicator) shows the gap up zone has very low traded volume across a huge range. This was due to a lot of panic & FOMO buying after the news announcement. The week leading up to that saw continuous ATH for BTC and subsequently a correction of price just about back to the FOMO zone (40 - 42K BTCUSD).
Will it take support here?
Until then #HODL
Comment:
In the last week, BTC made a high of 52K+
Comment:
Price currently hovering around 50K+
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BTC hit 55K+
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Consolidation seen in BTC between 54-57k.
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BTC hit 60K!!!
Comment:
No looking back at BTC.