It has been more than couple months since I last wrote and posted on here. I must say it is always nice to look back what you wrote previously and to compare what is happening now.
Recap previous BTC targets-
1. Bitcoin mega dump is happening
2. Bitcoin did break 28k
3. Bitcoin met the 19k stop *2018 ATH retest checkpoint
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Fact: 69k to 19k is bearish
At this point, bitcoin has dropped about 50k since its all time high. Has the bitcoin mega dump finished yet? In my opinion I think the answer is not likely because there are still more downside targets. On the other hand, due to the recent drop, we now have some newer upside targets, ranging from 21k to 28k, which should not be ignored. As mentioned months ago, 28k was a major support and since BTC had gone below which turned the 28k support into the next major resistance.
My personal view on BTC in the coming days:
As shown in the 6 month chart, there is not much of support between the current price now to 14k , meaning the whales can make a U-turn on BTC price easily.
A.) Bitcoin may either drop further to the next 14k target OR
B.) From now BTC could climb back anywhere up to 28k, but I would still be very cautious at the end of June in case it makes a sharp U-turn to the downside. Dollar cost averaging has its reason.
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Potential Crypto List (I do not normally say this but currently it is better to focus on buying and then HOLD! But again, highly suggest dollar cost averaging when investing no matter stocks, commodities and cryptos)
Presearch (PRE) - if you have not heard about Presearch, Please look back on my previous post on 18th Jan, 2022 and congrats if anyone did buy some Pre at the previous bottom price I listed out.
Please use my referral link to sign up Presearch account and use it normally just like google search, we both will receive 25 PRE Token bonus after 30 days
https://presearch.org/signup?rid=1892143
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Kucoin (KCS) - If you have not heard about Kucoin, please look back on my previous post on 19th Jan, 2022. Also congrats to those who bought at the previous lowest target listed out as well
Kucoin exchange if you would like to buy KCS tokens:
https://www.kucoin.com/land/register/r/1h2ba1N
