cryptotamus41943

Bitcoin Support Levels

BITSTAMP:BTCUSD   Bitcoin
Good morning crypto junkies,

No price projections today but I did have people ask me about levels of support for bitcoin, so here is the way I am viewing the market. We can come down to as low as 52-53k level and still remain bullish. Under 50k I think it's safe to say the trend has reversed, but I don't think it will happen. This is more of a shake out mid bull cycle.
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