BTC under 45k And 42k Support Level, What Will Be Happen?

By Fety Bernard Etienne(fetinafety) | Profitable Crypto Trading(Crypto Focus) | 17 May 2021

BITCOIN is under 45k and touched 42k support level which is 61.8 Fibo level in the weekly chart.

If BTC will break out 42k support level, it will form a downtrend to 40k-39k, the SMA30.

It is the first time that BTC on 50 horizontal lines in Stochastic RSI14 reset probably will Bounce up here.

I wait a bit and watch the Daily time frame if the candlestick will be a hammer against the shooting star in the Weekly chart. Otherwise, a downtrend is possible if it continues under 39k. The oversold zone is almost set up and typically the massive buy sign. I am staying positive. I didn't sell out my coin yet instead I want to buy the dip to collect more Satoshi, Litoshi, and more. Panic? noway. Bull Year 2020-2021.

PREDICTION:

Bitcoin (BTC) 70K, 80K, 90K, 100K Soon.

Disclaimer: All the information in this article is basically my own opinion, Do your own research in any investment.

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Fety Bernard Etienne(fetinafety)

I am a crypto enthusiast, and trader, an investor in many various platforms, and protocol of blockchain around the world. I love talking about Cryptocurrency.

Profitable Crypto Trading(Crypto Focus)

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