The price was going nuts and now seems to have stopped falling for now and also slowly rising up for a little while as well. What are your thoughts, is it going to fall more or would it start to rise again and recover all the money that was lost.
And what if this rise in price is just temporary and the price would again reach $34k and breach that support as well, what would happen then, what is the next support to look out for in case the market bleeds more in the coming days.
must check the higher time frame mate such daily or higher if you want to make prediction because you're just basing using 5M time frame it cannot really tell what situation bitcoin has right now because its for everyday performance only, i mean you cannot see the whole structure of the graph or what trends it has right now. By the way I'm looking in the daily time frame right now and yes bitcoin already touched the demand area reason there are some green candles already on in a small time frame, but it doesn't mean its time to buy wherein i suggest must wait for the right trend.. And what if this rise in price is just temporary and the price would again reach $34k and breach that support as well, what would happen then, what is the next support to look out for in case the market bleeds more in the coming days.