Mungerism
03-15

Overnight, BTC was flushed down for a second time in a week but was defended at the previous all time high mark around $69k+ and then rebounded ( see attached chart). For now the bulls have won. It is important that the BTC weekly price close higher than the previous week to keep the bullish momentum. I wonder how strong the defence is given that that the support has been got twice in a few days. For now I'll say it's strong given the strength of the rebound. Obviously this price action will influence the price of COIn and MSTR. Watch BTC price closely over the next few days

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