First of all, congrats to all the well-prepared holders!
Fact: Bitcoin broke two of our previous targets: 1. $39650 & 2. $39600
The next critical target in order for BTC to stay above the upper $30k range is : $37500, if the price goes under, $32500 we go.
While the bearish trend has not changed, we must not forget the previous target of $39650 which now turns into resistance meaning it is possible for BTC to climb back to the $39k or $46k. The truth is we are simply in the middle of the whole chart at the moment, therefore, by only using 1 word to explain the market, I know I will only get a wrong answer.
Personal view: (For now) No matter how Bitcoin price pretends to be bullish, it will always come back down even more than what we see today. I am really not being bullish or bearish because that is not my consideration and I just tell as I see in chart. But, I must say ----- after the correction is over, bitcoin is going for A LOT MORE than just the FAKE 69K !!! The coming bullish trend reminds me of the time when I last saw Bitcoin at around $7-8k!
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Appreciated for all channel support:
BTC: 3BssHqtftLAsAwDtN4QVMhJP25chWmT7Tf
Eth: 0x36AeeaF52F08c5e87cf2ac7B94C090d8d89Ba37F
