Not dead yet...

in #bitcoin3 years ago

Bitcoin continues breaking support, but it hasn't broken THE SUPPORT just yet...

The line the sad is that $30k number, technically it's more like $29k or whatever that low was previously.

As long as that doesn't break, bitcoin is showing a higher low.

Check it out:

image.png

(Source: https://twitter.com/BTCfuel/status/1496877548071960580/photo/1)

This is a bullish sign.

Interestingly enough, if you look at the trading of bitcoin on many different timeframes it tends to make a lower low on a setup like this one before turning around and ripping higher on to new highs.

So, that being said, this current higher low may not last long but that also may not be the end.

Which means...

I'm not selling!

Sort:  

Jon, Thank You for sharing Your insights...

Upvoted! Thank you for supporting witness @jswit.
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Thank You for sharing...

Hello sir

Please I would like to learn more about crypto so I'm in search of a crypto investor , as i am looking for a mentor who can take me through this path
I wish to do more in this , I will like to have someone who can guide me through everything I will need to know to start up

Please I would be very grateful if you have someone you trust who can take me through this path

Thanks I'll wait on your generous reply

Happy every day, upvoted ,see you 😊! witnesses vote for me get daily upvote. May I have your support?

Thank You for sharing...

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