After a strong 2 months wave, btc is now showing signs of small weakness, might this be the beginning of a retrace?
Charts shows the upwave started on october is still pretty intact, we have good support at around 40k level (first yellow circle), ready to help the bulls.
If such support would fail, the next bigger one can be found on 35k (second yellow circle).
Overall momentum is still on the upside we might get a dip in the coming days (might as well not!) but long-term hodlers shouldn't worry too much IMO, as always trade safe and good luck!
Charts shows the upwave started on october is still pretty intact, we have good support at around 40k level (first yellow circle), ready to help the bulls.
If such support would fail, the next bigger one can be found on 35k (second yellow circle).
Overall momentum is still on the upside we might get a dip in the coming days (might as well not!) but long-term hodlers shouldn't worry too much IMO, as always trade safe and good luck!
