Post
Topic
Board Trading Discussion
Re: How much lower you think BTC can go in this drop ?
by
ololajulo
on 28/02/2021, 22:07:34 UTC
Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you
We have not gotten to that price region and we hope if it could stay few days until the USA palliative is distributed, we might likely stay above this support. I think the idea should help to determine price for stop loss but if we break below this we might see a disaster.