With the recent LUNA crash, many crypto hodlers have started to doubt about everything, including Bitcoin (BTC), Ethereum (ETH) and other Altcoins.
What are the key levels for Bitcoin? Let's have a look at this chart with a few key levels highlighted by Michael van de Poppe:
As usual, there are several if's:
- If it goes below $28.4k, then it will enter a dangerous discovery zone.
- If it goes above $30.8k, then the next resistance will be $32.7k.
BTC is currently at $30.2k. It is too early to confirm that it is really bouncing back. It might only be a technical rebound.
The interesting point is that BTC and most of the altcoins are surging today whereas S&P 500 is decreasing.
Please find below a few links to earn coins:
