Bitcoin has both a bearish and a bullish path, both of which inevitably lead to a $60k Bitcoin in the coming months. In the unlikely scenario that Bitcoin falls below the $30k support line, expect strong support at, or just under, $25k.
A dump to $25k would be a full 40% correction from its $42k all time high - par for the course and something we've seen Bitcoin do many times before - which is then often followed by a rally to new all time highs.
#bitcoin #btc #crypto
A dump to $25k would be a full 40% correction from its $42k all time high - par for the course and something we've seen Bitcoin do many times before - which is then often followed by a rally to new all time highs.
#bitcoin #btc #crypto