Bitcoin Retraces, Still HODLing!!

2021年3月23日

Bitcoin has tested lows after retracing the meager bull run that we saw earlier. This level, 52.8K is nothing to worry about and appears to be holding. Broadly, this constitutes a continued sideways correction after the bull run that took us to the 60K's. The correction is nothing to worry about and in the long run is actually healthy. We could even see a dip to 50K and be solidly bullish. Daily charts suggests good support at current levels and most crypto assets in general. We are at the bottom of the range so we will face resistance from 55.7K, 57.7K and 59.4K.