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
I do not wonder why many people preparing for the possible dumps.
If the market turns to the bearish season, maybe we can see its price drop below $30k but somehow, not a guarantee that it goes like that while seeing the strong support level. The continuous increase of Bitcoin demand stopping the possible dump that we are expecting to see after reaching the new ATH.
We drop at $47k, but it gets back so fast to $49k. We can't see any sustaining drops until now, it is pretty to tell the time when this bullish season will end.