natekiwi

BTCUSD 7.5k-8k support

Short
COINBASE:BTCUSD   Bitcoin
Here is a daily chart for ease of use as requested. The bottom support is at the 275 MA which should be the bottom of this correction. However I doubt it will touch here anytime soon as 8k is the major support for the time being. I see it reaching 13-14k then dropping to 5-6k which by then the bear market will be finally over in a few weeks. Thanks for the comments on my other chart and hopefully this makes it clearer. As always any feedback is greatly appreciated. Good luck!

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