From my own technical analysis, the next significant floor is ~$50,200.
I also see plenty of "downward pressure" indicated by looking a red vs green volume in comparison to price moves.
For example, the days with the tallest red bars for volume show the price going off a cliff. The days with tall green bars show a gradual rise over the subsequent days.
I'm sure someone with more technical trading experience could give a better analysis, but I've also been surprising myself in recent months when looking for signals and flags for various price charts.
npub104…285rf
2026-02-23 07:06:03 CET
in reply to nevent1q…g44d
Author Public Key
npub104zp04wlgddf0w84tj8jul3w75e7ydcuuhsull2etste5040xm2qg285rfSeen on
wss://relay.damus.ioPublished at
2026-02-23 07:06:03 CETEvent JSON
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"content": "From my own technical analysis, the next significant floor is ~$50,200. \n\nI also see plenty of \"downward pressure\" indicated by looking a red vs green volume in comparison to price moves.\n\nFor example, the days with the tallest red bars for volume show the price going off a cliff. The days with tall green bars show a gradual rise over the subsequent days.\n\nI'm sure someone with more technical trading experience could give a better analysis, but I've also been surprising myself in recent months when looking for signals and flags for various price charts.",
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