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WeAreSat0shi
Jan 14, 2021 2:55 AM

Bitcoin Correction & Buy target.  Short

Bitcoin / United States DollarCoinbase

Description

Nothing set in stone here. These are the support zones for bitcoin, there is no guarantee for anything. A fall to 25k or so is very healthy and most likely will be gone before you know it. I don't think bitcoin stays at these prices very long and by next month we should be off to the races again.
Even though I have the chart marked as short it might not. This chart is only valid if the first support breaks and then the second as well.

Trade at own risk.
Comments
ryan_james444
25k seems extremely unlikely to me. Too many institutional investors bought at 30k and will protect it at all coste
WeAreSat0shi
@ryan_james444, nailed it.
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