Fact: $69000 to $20,000 is bearish
Fact 2: $17,500 current main Support
Previously, despite all the red bars we saw in chart, we found the $17,500 was a hidden support level for bitcoin. Since after the post, bitcoin price did in fact stay above the strong support level and it finally broke out of $20,000 today!
At the time of writing, btc is fighting hard to get back into the $20k level. Even it will hold strong at $20k and very likely to go above, there is something to keep mind. As we see in the following monthly chart, $28k was once a major BTC support for a long period of time, however, since bitcoin did fall below few months ago which then turned $28k to the next major resistance.
Potential Crypto List (Dollar cost averaging as always)
Presearch (PRE) - if you have not heard about Presearch, Please refer on my previous post on 18th Jan, 2022
Please use my referral link to sign up Presearch account and continually use it for a minimum of 30 days and we both will receive 25 PRE Token bonus
https://presearch.org/signup?rid=1892143
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Kucoin (KCS) - If you have not heard about Kucoin, please refer on my previous post on 19th Jan, 2022. By holding 6 KCS or more, you will receive a share of KCS tokens generated from the platform trading fees daily
Please use my referral link if you would like to purchase KCS tokens:
https://www.kucoin.com/land/register/r/1h2ba1N
