Another DUMP Coming for Bitcoin?? 😱

13 Nis 2022

Bitcoin has been wavering at the precipice of the 40K handle for some time. We appear to be forming a bear flag, and have very little buying interest. This set of factors does not bode well for the price. If we break down further, expect support 38.2K, or 37.7K. Long term, we could stand to press much lower before seeing any buying interest. If we do catch some momentum, then 45K is a nice target and our anticipated ceiling price for now.