Bitcoin finally dropped under 29k
Hi guys, let's review the current situation on Bitcoin.
Bitcoin finally dropped under 29k and reached upper bound of 28350-28000 support area. There has been new lower low on Bitcoin and this is very important for the bears. I expected this drop and indicated in my previous ideas. Bitcoin was showing for a long time that it's unable to rise beyond 30k price and this drop was expected.
I think that BTC continue to fall and will drop under 28k soon. I expect some price correction after such fall but overall I'm bearish on Bitcoin.
What's your thoughts on Bitcoin price?
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
Bitcoin finally dropped under 29k and reached upper bound of 28350-28000 support area. There has been new lower low on Bitcoin and this is very important for the bears. I expected this drop and indicated in my previous ideas. Bitcoin was showing for a long time that it's unable to rise beyond 30k price and this drop was expected.
I think that BTC continue to fall and will drop under 28k soon. I expect some price correction after such fall but overall I'm bearish on Bitcoin.
What's your thoughts on Bitcoin price?
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
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