“Really not much has changed since yesterday, i am still looking for that one leg down to take out the swing lows, followed by a relief wave,” popular trader Crypto Tony meanwhile told Twitter followers in an update on the day.
Fellow trader Crypto Ed meanwhile said that he was “not convinced” about the strength of the bounce from the weekend lows around $20,800. In his latest YouTube video, he highlighted potential market entry levels between those lows and current spot with an eye to seeing a retest. Before that, he added, Bitcoin could revisit the range highs at just above $22,000.Related: Bitcoin bulls may win big as two key moving averages prepare to cross