Bitcoin is holding right where it needs too
Bitcoin has bounced off the 6000 Support level again and barring any late day reversal here it should close the weekly candle something like this.
This gives some of the best risk/reward in bitcoin from an intermediate perspective in the last 8 months. You have a solid floor at 5800-6000. You have the low as 6050ish for this week. You can Load the boat with a stop below 6000. This minimalists your risk for the trade here.
I believe we punch through resistance on this time. We will know more tomorrow.
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by heyimsnuffles