Bitcoin at Monthly Support: Breaking or Bouncing

2022年5月10日

Bitcoins has arrives at Price Origin Point where it launched its uptrending move. It turns to be Monthly Support as well. Will price takes this low or bounce from here. Interesting to watch!!!

2022年5月14日

註釋

Bear eventually, breaks Monthly Support. This invalidates bull move to 69.000
This week bear breaks the monthly support tho not with a full body but still it's valid.

What next??
Will be bear likely to reach 20.000? Obvious target is 20.000. How bear will reach that price target? Nobody knows but for sure, there is no any signal yet bear is retracing.