32k level is a strong support and resistance level. In history we can see that price had moved substantially from this level. Looking at the daily chart, we see the break of the 32k level, but not retested as support. All the hype about the ETF and the halving I think has giving us some great insight as to what is to come in the future. With that being said looking at the timing of everything, I would not be surprised to see one more sell off. Price will need to find support and a little more accumulation before the next run. We may never see BTC prices this low again and im sure the big players are going to want to beat price down a little beforehand.
Im expecting a nice pump up to the 52- 55k level before a final pull back to the 32k level.
Thoughts or comments welcome
BTCUSD
Im expecting a nice pump up to the 52- 55k level before a final pull back to the 32k level.
Thoughts or comments welcome
BTCUSD