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WorthAShot
Nov 16, 2021 12:17 PM

BTC - $60k - Super strong support Long

Bitcoin / U.S. dollarBitstamp

Description

Hey, folks. I know BTC's wild swings can be discouraging. But take a look at the 60k line. It has been a strong level of support since October 16. Just look at all those arrows!

It is a good thing for BTC to fall like it did now, as it takes some of the bubbles out of the cement so it becomes more solid. The longer it stays at 60k, the more solid it becomes.

Don't panic. It is only 12% off of its all-time high. This cycle is not over yet.
Comments
Skyito
Welcome to 53K :)
WorthAShot
@Skyito, Naw. 60 starts with the letter "s", which fits better with "super strong support". (The way BTC trades, that's just as good as any technical.)
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