Bitcoin / TetherUS
Long

InvestMate|Bitcoin At Important Support Zone ₿

422
₿ Bitcoin At Important Support Zone

₿ As we can see, Bitcoin in recent days has scored a slide from the $18200 level to currently 17k

₿ We have rebounded from the resistance zone set previously.

₿ And we have landed on the support zone I also previously delineated

₿ Looking at the fundamental and technical environment, it looks like bitcoin could stay around 17k for a while and then we will see a rebound upwards.

₿ It doesn't look to me like it's going to fall even lower, but I'm not ruling out any option.

₿ The scenario I am playing out is to wait for some strong reaction from buyers to join the next upward movement. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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