Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend.
Terra 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 profitable it was. Now waiting for final HTF entry we do.
Superior we are. pic.twitter.com/Lt5XT5rRKw
— AN₿ESSA (@Anbessa100) May 6, 2022
While some eyed profit opportunities, however,…