Juba1337

hardcore support 1700$ btc

COINBASE:BTCUSD   Bitcoin
Nothing interessting. I have a hardcore support @1700$.
Nothing is certain in these times. Btc will do what instituationals want at this point.
I am a long time believer of bitcoin. It will recover and grow stronger than ever.

We might see btc sub 1k, but for me its highly unlikely. Too many people would be loading up on btc. Just a few days ago I saw someone posting on reddit that 500 btc were bought on an exchange which I don't remember anymore. Kraken or something.
These are always signs for buying pressure. Same like it was in 2019 were someone bought a few thousands of btc and it catapulted btc for a short 6 month bullrun.

We have to see and wait what happens with the virus. If Institutionals get short on money and they need liquidity they gonna dump everything for money - commodities, stocks, etfs, indices AND bitcoin.

Until then.
Stay safe.

Health is more important than wealth.
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