With Bitcoin touching below $75,000 overnight, the weekly Fibonacci 38% retracement at $73,500, as well as the March 2024 highs at $73,850, there is a lot of confluence here for price to find some support. Our weekly Q-Score is approaching the -9 to -10 area where we would also be looking for some support. While we currently do not have a buy signal, looking for some long exposure in the area could be warranted if you are Orange Pilled!
Other interesting plays in the space, a daily buy on INJ - weekly support is $5.80. The $5.50-$7.00 range looks like a spot to get exposure on the medium term time frame.
Another interesting play to watch here is HBAR. Daily buy signal as well as an exhaustion print. $0.13 looking for support. most of the alt coins have now retraced upwards of 70-80%. For medium term buyers, this could be a good spot to add exposure.
