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AllDayInvestor
Jun 22, 2021 2:47 PM

BTC- Where is the next support? 

COINBASE:BTCUSD1D
Bitcoin / United States DollarCoinbase

Description

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Long term chart shows major support around 10K. Is this where it's heading?
Trend AnalysisSupport and Resistance
Comments
KryptoQuasar
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that's built from an extremely long term trend line. zoom in a bit.
AllDayInvestor
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@KryptoQuasar,

Thanks, I did zoom in to a 1 year chart but still it seems there is not much support from here till 20K and then all the way to 10K. Where do you see the next support? Thanks!
KryptoQuasar
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@AllDayInvestor, at all the psychological levels.(25K, 20K...) But all this is dependent on breaking 30K.. Sure 10K is a massive amount of support, but i'm not sure it'll come that close. Or fall that far for that matter.
AllDayInvestor
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@KryptoQuasar,

Oh okay. Thanks for sharing your view. Seems bitcoin is getting back above 30k.
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