BTC Suffers Historic crash to 30k
I think this is an opportunity to buy Bitcoin for the rebound. I propose that 30k is the low. We've had a 50% correction which is a serious one in bitcoin and will begin building from here.
The liquidation point is 30K and below. Clear support at 35K and resistance at 40K. Like previous crashes Bitcoin will move sideways and grind higher over the next month reaching levels 48K and eventually meeting its previous ATH on the way to 100K.
Opperuntity here to be greedy when others are fearful and leverage up at this key historic level. Will be closing the trade if support level at 35K is breached.
The liquidation point is 30K and below. Clear support at 35K and resistance at 40K. Like previous crashes Bitcoin will move sideways and grind higher over the next month reaching levels 48K and eventually meeting its previous ATH on the way to 100K.
Opperuntity here to be greedy when others are fearful and leverage up at this key historic level. Will be closing the trade if support level at 35K is breached.
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.