BITCOIN - 3 Support Levels 🤿🌊
Our updated chart with 3 key levels:
- Mild support (green)
- Strong 60,000 round psychological support
- Strongest one (technical support)
- If these break run for the hills and wait for the 50k psychological support as a worst case scenario (which I, personally don't see coming)
In the meantime:
Crypto will follow the 'markets', i.e the S&P 500.
Given that the US market was closed yesterday for Veterans Day and is opening today, it will be crucial to see how US indices behave and most likely Bitcoin will follow them.
Make sure you check our previous idea: 🥮 BITCOIN- Similarities to Sep 7th 'Flash Crash' + Moon Cakes
One Love,
the FXPROFESSOR
- Mild support (green)
- Strong 60,000 round psychological support
- Strongest one (technical support)
- If these break run for the hills and wait for the 50k psychological support as a worst case scenario (which I, personally don't see coming)
In the meantime:
Crypto will follow the 'markets', i.e the S&P 500.
Given that the US market was closed yesterday for Veterans Day and is opening today, it will be crucial to see how US indices behave and most likely Bitcoin will follow them.
Make sure you check our previous idea: 🥮 BITCOIN- Similarities to Sep 7th 'Flash Crash' + Moon Cakes
One Love,
the FXPROFESSOR
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