BTC - looks like strong support at £38.5k - (fib + osc)

COINBASE:BTCGBP   Bitcoin / British Pound
That rock bottom horizontal line seems to show the support is very strong at 38.5k - backed up by my previous post re fib retracement & oscillators.

In terms of what the future holds, it does appear to be a repeat from this time last month - in my opinion, the third week of the month will usually be a bear market as the pay check wears off= more sell orders.

In the long run, I'm bullish because there's a lot of institutional investors inc Tesla who are fully invested in BTC . A BTC crash would result in a Stock crash of those institutions, the manipulators will not allow it!


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