Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTerra down at least $250 million in crunch
Still near its lowest levels since late February, the pair had nonetheless avoided a rematch of 2022 lows at the time of writing despite low-volume weekend market conditions.
In his latest Twitter update on May 6, popular trader Anbessa highlighted the planned support level to buy Bitcoin in what he described as a “fakeout” — a zone beginning at just under $33,000.
Twitter friendly, easy words
BTC support, BTC fakeout we want to buy. Chop very