I know the situation on checking the chart of bitcoin, no crypto will move so high as it did since January without finding a support at lower levels. The support may not be deeper but it will give the relieve for it to have stronger power to pump in case it still have the trend. The pump of bitcoin is getting better visibility, it may not test below $20k this year again. The time of the over-bearish condition was last year and it's gone.
Yes. Correct. Every Coin/token needs a support level to continue its bullish trend, it is also important to consider other factors that influence market behavior. The crypto market is unstable and can move unpredictably. Recent trends show that Bitcoin is recovering from previous lows and has been performing better. However, it is important to remember that markets can change at any time, and whether we are investors or not, we must always weigh the risks and today is still wednesday but if today is friday it will be even worse the correction could be to the price of $19K.
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