Re: January bitcoin price out look

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

The next days are going to be very important as according to some reports Genesis could declare bankruptcy a week from now, and it would be natural for the bears to take advantage of this opportunity to try to make the price to go even lower.

Regardless though, we haven't seen that much impact and dent on the price, although we have some corrections, going to back < $21k. But I think the $20k price is our support for now.

They have seen several retests in this regard but still not showing good signs actually. I think even for now $19k is still possible to return, I'm waiting for my DCA at that price and although it does slightly disrupt my schedule for a few days in DCA I think it's still quite worth it splitting my DCA now by buying bitcoin at $20k and $19 k for now.