BTC Bitcoin correction where is it headed?!? FOMO or FUD ?
Updated
Btc bitcoin is correcting, but where will the bleeding stop?!? is this the big one?!? is it all over? nah its still in a healthy uptrend long term.
Right now BTC is looking for support, 55k was holding nicely but now it appears to be barely broken so the following are the support levels it will fight with and eventually bounce off of.
55k -passed.
52400 - waiting
48000 - waiting
39000 - waiting
No panic needed unless it passes 39k then its headed for a retest of 25k.. but most likely the corps and tutes will buy this up at 50-45k and stop the bleeding then next week BTC will rebound upwards.. so THIS week is your chance to get in where you see the support trading sideways
Right now BTC is looking for support, 55k was holding nicely but now it appears to be barely broken so the following are the support levels it will fight with and eventually bounce off of.
55k -passed.
52400 - waiting
48000 - waiting
39000 - waiting
No panic needed unless it passes 39k then its headed for a retest of 25k.. but most likely the corps and tutes will buy this up at 50-45k and stop the bleeding then next week BTC will rebound upwards.. so THIS week is your chance to get in where you see the support trading sideways
Note
52500 not 52400 sorry my line was bad.
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