Major BTC Support Levels Holds, but for How Long?

Bitcoin / U.S. dollarBitstamp

คำอธิบาย

⋅ 25 กุมภา 2022 เวลา 19 นาฬิกา 46 นาที

Current Market Conditions are: Neutral

The long-term, major support levels for BTC hold, but for how long?

Major Support Levels: 35-39k

If BTC breaks below 35k, we will most likely shift back into a bear market.

19k is anticipated with further breakdown as a potential bottom.

If BTC holds current support, we may see a break-out to 40+k, which may be sustained.

This makes current levels a good but scary time to invest long-term.

Watch for geopolitical concerns and economic issues dragging the world economy down.

Anticipate fresh moves for Spring 2022. 100k per coin could still be in the cards.

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Beh0lder

⋅ 25 กุมภา 2022 เวลา 20 นาฬิกา 18 นาที

Pretty much. This isn't a good news cycle, and turmoil in the Market means turmoil in BTC for the time being. It could consolidate much lower. Nice chart.

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