Moving to 29K fragile support level
I'm afraid we are now moving in a real downtrend.
If Bitcoin moves below 27500 USD, we will really have a very bad situation. If it holds around 29000, there will be no disruption
in its move to above 68K +. so if it rebounds at 29000 USD, we can have hope for a 87000 USD resistance target.
But it's too uncertain for now.
Let's hope the 29K support level will not be as fragile as it seem right now.
The bitcoin winter's is here now. it's not about snow, nor cold. But a bloody crypto massacre for many
Don't take my words for granted, do your own analysis to confirm, and trade at your own risks.
If Bitcoin moves below 27500 USD, we will really have a very bad situation. If it holds around 29000, there will be no disruption
in its move to above 68K +. so if it rebounds at 29000 USD, we can have hope for a 87000 USD resistance target.
But it's too uncertain for now.
Let's hope the 29K support level will not be as fragile as it seem right now.
The bitcoin winter's is here now. it's not about snow, nor cold. But a bloody crypto massacre for many
Don't take my words for granted, do your own analysis to confirm, and trade at your own risks.
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