Mihai_Iacob

Bitcoin- to remain weak in the first part of 2022?

Short
COINBASE:BTCUSD   Bitcoin
The month of December was a range month for BTC, with the price trading between 47 and 52k, more or less.
Although we are near support at this moment, the pressure remains on the downside (or more accurate is to say that there is no buying power), and a breakdown is very probable.
My bearish bias in Bitcoin's concern remains intact and I will look to sell rallies, hopefully around 50k with a target of 42k

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