The support zone of bitcoin for a while now is in the range of $90K and once that support zone cannot longer hold on to bitcoin, then we will see its new support zone below that price, possible on $85K. So many anticipation for the upcoming big event that would bring about some big impact in the market which are mostly anticipated on the positive side of it. How controversial the market can be sometimes won’t make you to have an exact direction to where the market could go next even when your analysis is showing it to be so.

Fundamental analysis affects the market and has no regard for any current technical analysis that the market must have been trading on at that time. So it is very important to also await anything the market may come with in this period on either ways. When it goes dumping, it becomes an opportunity to buy more and when it doesn’t and begins to pump, it just signifies the market to continue on that direction as the market is still very much on the bullish trend and all expecting a new all time high soon.