Post
Topic
Board Speculation
Re: Bitcoin $40000 resistance
by
ajochems
on 13/03/2022, 19:32:21 UTC
I am thinking history is repeating itself, bitcoin reach ATH of $69000, as of that time till now, bitcoin price has been with net decrease. Bitcoin price reach $50000 and later falled below $40000. $40000 is now the present resistance as the price increased above $40000 and decrease below again. What I am thinking right now is that bitcoin market will not favor the buy side and we do not yet know the extent the downturn can be.

What are you people suggesting, is this time to buy bitcoin or a time to just to have sold and wait for another bull market because this time will be more of the bears than bulls while the bulls are turning to bears making the market not to favor the upside.

Please, give accurate information as you are think it can be, we all still know that bitcoin price will rise and reach ATH again.


It was reached in a huge value.The investors at that value of 69k dollars was still holding their bitcoin for the pump.But the thing is their was half the price was reduced from the 69k dollars.It was struggling to reach back of 42k dollars.So it's essential one for the investors at high to keep your holding for the longer period.Incase, you was new trader. Looking this trade means, kindly buy of 2 bitcoin for your retirement.