Post
Topic
Board Speculation
Re: Bitcoin resistance and support price
by
Oshosondy
on 30/12/2021, 06:46:56 UTC
The market might struggle in the beginning of 2022, but being positive will help you to keep buying
while you still have good spare to invest future still showing great with this progressive industry.
Yes your are right, all we need to do is to be positive. The market later changed and moving in the bear direction which makes bitcoin to drop from $515000 to a price below $46000. I do not know if the bear will continue but it can become significant if it holds for long and lead to a support at $40000 to $42000. But today is 30th of December, I believe there can be bull market direction as we enter new year which will follow bear direction that is occuring now. But nonetheless, you are right, all we needed to do is hold, the market should be in bull direction later, I am thinking it will be in the nexlw year in January.