Calling the Bitcoin retracement
June 23, 2021 Leave a comment
Yesterday, I provided crypto trading clients with some technical advice about how I see the price action in Bitcoin.
Referencing the dates in each chart (image) below, you will see my comments about ‘heightening buying interest at $29,300’ in the larger June 22 edition.
The close-up chart shows that overnight, Bitcoin traded to a low of US$29,247 and then bounced 11%, back to US$32,600.
For now, I’m happy with that call.
June 23, 2021
by Rob Zdravevski
rob@karriasset.com.au

