I'm not trying to create FUD, everything is possible in crypto, as the manipulation can be done easily, but take a look at the begging of the bear market. I'm just leaving it here for the record.
My personal bet is that the next big support will be around 20.000, if that one breaks, than we will easily go to 11k.
The levels mentioned are for long time. Meantime it will still be some support levels like 32k now. But on the bigger picture we will get there sooner or later.
I forgot to mention. Similarities match and are active. You can check the picture linked here imgur.com/PPBBoQa . Everybody is planning to buy the dip. But actually most of the people already invested everything when the price was up or on the way up. Whoever still has some liquidities left, they will buy, but it will not be enough to pump it back again, the BTC mania is very rare. All of us did the same mistake before. Good luck!
Trade closed: stop reached
Bulls are back in town after Elon Musk's pump. Nobody knows how long. Lets see.
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.