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
Close to your prediction because Bitcoin fell low at 43,000$ but now seems nothing can go lower more as the price is staying strong at
46,000 and up but who knows ? actually i was seeking for at least 35,000$ so i can buy more than 30%
This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players.
wrong it drops down to 4k in March 2020 , but now after breaking the 20,000 once more ? never that if fell down again below that point.
But who knows if there is another pandemic comes .