If BTC can clearly break through $29200 on weekly to monthly basis then price is most likely heading back to $8000 to pick back its bullish momentum just like it did in its past behavior around 2018 and 2019 we saw the prices go back as low as $3500 after reaching a high price of $19000 plus in 2017 hence price is very flexible there is no height it can’t attain or fall back from it just flows and in the case of BTC and it’s known volatility if the bulls can pick price from $8000 to $62000 within 2020 and 2021 then why can’t the bears revisit $8000 or even lower for the next one year don’t forget the bears are aggressive too, think of it and look at what is sketched as a 100% possibility
Thanks for reading.
Thanks for reading.
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