Bitcoin Analysis; Crypto To The Moon #36.

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Avatar for InvestorOmar
2 years ago

DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence.

With that being said, let's get into it;

1 Month Timeframe.

Bitcoin's price has drastically reduced during these past months as we're now priced at about $41606.52 as it clearly shows in the chart. How come of such a big bearish movement? Hopefully, some investors we're able to see this coming.

As all Know, since the falling in price of BTC, all other Alt coins have also been in bearish state for quite some time now.

Some experts have also said that there's all possible hope of this precious crypto to fall even further!

we might find ourselves priced $33064.30 yet again as that price ($33064.30) area mark's a support zone or area as we head towards it.

I also find it totally possible at a point that Bitcoin can actually fall further to being priced at about $33064.30 respectively. And it shouldn't be new to us, as we were previously priced just about $33064.30 or even lower in the year 2021.

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Until next time, peace

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Avatar for InvestorOmar
2 years ago

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