Hello,Traders! BITCOIN broke a strong horizontal support level Which turned into a resistance level And I am now bearish on the coin So I think that after the retest of the broken level The pair will fall further down To retest a massive support level below Sell! Like, comment and subscribe to boost your trading!
first will fall to 30500k cos theres 2m wallets in money ,if they give up :) then will fall to 22-25k range after Gods know canbe go back to 7k to 9k range like 2020 for mounts to settle, biggest problem is there is no power in world or fuel or other source to keep bitcoin network up and running ,if how they say store of value like gold :) and we will use it for replace of banks? hard to believe this
lcharles1001
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Time to buy, when everyone is selling.
ro.goudreau
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@lcharles1001, I wouldn't, this is going much lower, lower than anybody thinks.
Queijocas
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@Ro.goudreau, What value do you think is the bottom ? I think it will hit 20k (only lower if the economy crashes). In 2023 I will be looking at buying though so it doesn't really matter for me for now to have a price target
ro.goudreau
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@Queijocas, Could go to 10K or less, no joke, bitcoin never went through a recession.
Queijocas
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@Ro.goudreau, yep, some many hodlers have these fixed "rules" in their mind based on past behaviour (such as never going below previous ath). Crypto has only existed during the biggest bull market in history. This will go down way below 10k during the next recession
then will fall to 22-25k range
after Gods know canbe go back to 7k to 9k range like 2020 for mounts to settle,
biggest problem is there is no power in world or fuel or other source to keep bitcoin network up and running ,if how they say store of value like gold :) and we will use it for replace of banks? hard to believe this