Quote from: johnwest on Today at 03:02:41 PM

In any case, if the BTC price falls below 30k$ then it will probably go below 20k$ for sure. There is no strong support below 30k$ but that itself is great support right now. Bulls are not able to clear the 40k$ resistance so we are just going sideways in between. I will definitely wait for BTC to break the support and will invest when we can see stronger support otherwise I am happy with my positions.

I don't think price ofbitcoin falling below $30K is feasible based on past Price Action, there is a strong support at $33K to $34 which the price had tried to break after several attempts even today the price got rejected now, I beleive this is a bottom for buying and accumulating in fact buying at that zone and selling high will fetch some little profits, although bull taking over the market is not at sight now, the market is still in deep bearish sentiment which I believed is due to all the negative fundamental news which triggers massive dump as a result of FUDs.