Did the Bitcoin bounce surprise anyone?

Did the Bitcoin bounce surprise anyone?

23

June 2021

By

Alex Cole

Bitcoin has fallen hard over the last few days as the GoNoGo Trend sees the "NoGo" persist.
However, the support found where it did likely didn't surprise anyone as it rallied quickly from prior lows. It will take a great amount of selling pressure to push the digital asset lower as the buyers have really showed their hands.  For the time being, the cryptocurrency seems stuck in the range we have annotated on the chart.