Here we go once more !!!! BTC just broke the 40k support and we are now back into the 30k range. Looks like its another bleak weekend.
With liquidation starting to soar up really high .... already 217M has been liquidated in just over 24hours of this post.
I wonder whats happening to all these "gurus" now when they all claimed that BTC was going to hit 100k .. do you think its still possible ?
Here is just my nub analytics ... in the weekly chart ( of course i pull out the nicest one ) the price of BTC seems like its going to PUMP !!!!! remember this is the weekly ... see that green dot at the bottom bar ?
The last time it came out BTC pumped up to 69k ... and the patter seems to be repeating.
Howver coming back down to earth ! In the daily chart .. BTC looks like its going to go down some more ... we may see really strong support around 36k ... which I think could be a good bottom. Put some buys in there .. who knows .. you may buy it cheap
Anyway .. whatever happens .. trade safely and DYOR !!! on everything crypto .. there are so many more sophisticated scammers out there.
Cheers all and have a great weekend