I've been watching BTC lose the top support level and free fall to 20K today. This is a proper long support level. If BTC doesn't close above this bottom blue line, I honestly have no idea where it's headed next. This is where long term investors pile in and wait patiently for the ride up. I wouldn't go long just yet though. I'd wait for a daily close inside the Bollinger bands before thinking about a trade.
Beyond Technical AnalysisBTCUSD

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