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ujjwalrattan
Jan 18, 2021 7:26 AM

Heavy institutional buying Long

Bitcoin / U.S. dollarBitstamp

Description

35k to 30k seems to be a spot where institutions have placed their orders. I think the possibility of going below 30k is not possible, if it goes that low, it will recover before you would even realise it. Following this, I believe it'll be a slow a steady mover now till 40k-42k, then we might just see a breakout to higher levels. If you haven't placed your bets, this could be the last opportunity to do so below 40k.
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