BTC/USD - MASSACRE today. 😱 What next? $250k! Bullish still 😇

Bitcoin dropped to $30,000 today, so precise that one wonders if this was not premeditated. If you check Coinbase and Binance price stopped at the EXACT same point.

Then there is this 4chan post from yesterday that predicted this drop to $30k at exactly 1 PM UTC time... We touched $30k at 1 PM UTC time today... WTF.

See more here. I leave it to you to decide.

twitter.com/JacobCan.../1395041772171141122

Nevertheless, the chart is clear. We made $30k support and we bounced at the exact place where we had our support to maintain a bullish bias, the trendline from March 2020. Moreover this drop and bounce was on significant volume and huge volatility (-/+30% in a day) which usually signals a top or bottom. So at the very least, we have a local bottom here at $30k.

So long this trendline remains intact, we're bullish and we will recover this dreadful day. Many lost a lot, but if you are not new to crypto this was one of those days that come once a year... for those that experienced it first time, welcome to crypto! There is no better teacher than experience, now you will be better prepared next time.

Until this trendline is broken, I remain bullish. That 4chan guy also said we will pump to $70k from here and then ATH over $100k. Lets see if he's right again.