BTC/USD
"Unfortunately", bears have taken over this time and drove us down to a 40.000$ per Bitcoin. Since this is a psychological number and has strong support from the past, it's expected to hold price above for some time, after all, it is also a 0.5 fib level. According to TA the correction could bring us down to 38.100$. For now, we're seeing quite strong buying power and I'd say it's quite unlikely to go much lower.
Remember, "Be fearful when others are greedy and greedy when others are fearful". this is a good point to enter and make a good position for future.
Remember, "Be fearful when others are greedy and greedy when others are fearful". this is a good point to enter and make a good position for future.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.