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
What everyone is doing right now are just guesses and not that they know the down nor the top. Currently, there are different reactions from the new and old investors so the market will generally behave differently this time. The resistance we have seen in the past are same as you mentioned and maybe it won't go down more than what we have here at the moments. Although we need to have all time all this time before a huge drop.