⚡ Don't panic! Long-term support is not broken
• Now many analysts say that the long-term support line on BTC is broken.
• Yes, it is on BTC, but I recommend watching support/resistance on the marketcap chart. Here we see that the price has returned to the mean — the last stage of the bubble deflation.
• I expect that we still have time until the end of the summer or the beginning of autumn in order to have time to buy at a good price.
When the price breaks the upper border of the channel, we will see a sharper increase, and we will not return to 6k.
Good luck guys!
• Yes, it is on BTC, but I recommend watching support/resistance on the marketcap chart. Here we see that the price has returned to the mean — the last stage of the bubble deflation.
• I expect that we still have time until the end of the summer or the beginning of autumn in order to have time to buy at a good price.
When the price breaks the upper border of the channel, we will see a sharper increase, and we will not return to 6k.
Good luck guys!
Note
For comparison: support is broken on BTC/USD
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.