We had 6 touches at 40k in 2021 that either acted as resistance and support. Most recently as support in Oct. 2021.
I think we're revisiting this area of support and preparing to blast off to new all time highs. The VPVR shows significant buyer support all throughout the 30-40k range. This makes me very skeptical that BTC can go to 20k in this downturn. I believe if we do break below 40k it will serve as a spring and launch us to new all time highs just like happened in July.
https://www.tradingview.com/x/mVNpYM1n/
I think we're revisiting this area of support and preparing to blast off to new all time highs. The VPVR shows significant buyer support all throughout the 30-40k range. This makes me very skeptical that BTC can go to 20k in this downturn. I believe if we do break below 40k it will serve as a spring and launch us to new all time highs just like happened in July.
https://www.tradingview.com/x/mVNpYM1n/
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.