Bitcoin Has Reached My Price Target From A Few Weeks Ago!

Few weeks ago I have predicted Bitcoin to go to around $25,000 and it did happen!

 As you can see in the chart the blue line represents a very strong support line!

In the face of what is happening currently regarding Binance law lawsuit, it will be interesting to see where this is going.

In my opinion if things go badly for Binance, the price of Bitcoin will drop below the line and we’ll go back to around $18,000

If it all goes well however, it is safe to say that this is most likely the bottom and Bitcoin will be going sideways for quite a bit now before moving back up!

All we can do is still observe what is happening with the case!

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Have a great day!