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Rawlings_NG
May 8, 2022 9:51 AM

BTC IS USING $35,000 AS RESISTANCE. SHOULD THE FALL CONTINUE?  Short

Bitcoin / TetherUSBinance

Description

It has been a crazy period for financial markets generally. Cryptocurrency has been affected badly and blood bath everywhere.

Bitcoin is using 35K as resistance and we may ride further downward.

MY THOUGHTS:
1. If the 35K continues to hold, we may ride down to the trendline from the 20K which is around 32K target.
2. We ride down, breakthrough the trendline and FINALLY hit our ALMIGHTY $32,000 we have all been avoiding.
3. Break back above the current resistance and start pushing higher.

Finally, the current market is a good deal for long term investors.
TRADE WITH CARE.

PLS COMMENT, LIKE , FOLLOW AND SHARE YOUR THOUGHT.
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