You can tell how bad $BTC monthly close is by acknowledging the instant dump for like 5% 😬
This once again confirms the bear market thesis and puts some low support levels into perspective. Generally speaking, $60k - $70k area should be the next consolidation place. I would allow a few wicks below $60k, but not more! Any #major close below the blue zone and this might accidentally teleport to zero 🫠
Don't get too scared though! As I've already said, bear markets provide the best entries for long-term investments! I will definitely be a buyer in the blue zone! #crypto
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👩🚀 #REVIEW #BITCOIN MONTHLY
You can tell how bad $BTC monthly close is by acknowledging the instant dump for like 5% 😬
This once again confirms the bear market thesis and puts some low support levels into perspective. Generally speaking, $60k - $70k area should be the next consolidation place. I would allow a few wicks below $60k, but not more! Any #major close below the blue zone and this might accidentally teleport to zero 🫠
Don't get too scared though! As I've already said, bear markets provide the best entries for long-term investments! I will definitely be a buyer in the blue zone! #crypto