Whether you think it eventually will go lower than 30k short term, there’s also a solid chance of us retesting 40k and beyond... if we can hold this level of support btc will likely continue a breakout for the time being.
Just look at the volume, steadily decreasing over the length of your chart. You would expect a jump in volume as we wicked past that resistance, especially since every single trader out there is all looking & focusing on the same thing.
I don't have a crystal ball, and practically most of you are more seasoned investors than me. But after this last "pump', i'm more convinced than ever that we're going down to 28k before we ever get close to 50k again. Not to say we might not get another push upwards, with some fomo thrown in for good measure 1st, but we're not getting past 42k anytime soon.
Just use proper risk management & u can be prepared for anything. Thanks for ur chart!
I don't have a crystal ball, and practically most of you are more seasoned investors than me. But after this last "pump', i'm more convinced than ever that we're going down to 28k before we ever get close to 50k again. Not to say we might not get another push upwards, with some fomo thrown in for good measure 1st, but we're not getting past 42k anytime soon.
Just use proper risk management & u can be prepared for anything. Thanks for ur chart!