In my last post I said that "Bulls should not be so happy", and that Bitcoin is not out of the woods just jet and in the long run, and I still believe that we are at the beginning of a downtrend.
However, at this point, Bitcoin seems to have found a strong support zone between 33 and 34, and looking at price action we can see strong buys in this zone.
If this zone holds as I expect, BtcUsd can correct further and a clear break above 40k could lead to continuation. 47 could be bulls target.
Buy dips is my strategy
However, at this point, Bitcoin seems to have found a strong support zone between 33 and 34, and looking at price action we can see strong buys in this zone.
If this zone holds as I expect, BtcUsd can correct further and a clear break above 40k could lead to continuation. 47 could be bulls target.
Buy dips is my strategy
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