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.
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.