While BTC was trading at $36k levels, I posted an updated view saying we need to be cautious as the wedge trend line that once held support broke down and Bitcoin did retest the once support which held massive resistance at the $36k levels. The drop we had was anticipated and my followers were ready with fiat. This is the point where Bitcoin should bounce, but in no way do I say it's bottomed just yet. Once we lose $28k and if we do, that will confirm a bear market for me, for now, we can only wait and see what bounce we'll get, but my eyes and target if current support holds will be $38k regions before another drop.
Good luck, everyone!
If you like these updates, please give it a thumbs up and I will gladly continue sharing :)
Good luck, everyone!
If you like these updates, please give it a thumbs up and I will gladly continue sharing :)