BTC Support levels and buy zones
The bulls rally is over and it seems that the prophecy is coming true. BTC dropping below $10,000 we are likely to find strong support around the $9,500 and later $8,300 price levels. Within this range $8,300 - $9,500, based on Fibonacci levels from the bullish run from the 6th to the 20th of February.
There could be a reversal from these levels, if these levels are unable to hold we will then look for next support levels. i will be using my 20% fiat around $9500 and another 20% around $8300.
Disclaimer : This is not a professional investment advice, please do your own research before investing.
Certainly btc below 10k is weak and could end up pretty bad
@luiggih it is weak but there is a strong support around $9400 levels i am hoping my buy order hits and i get a little bounce off this price. if it goes down i will convert my alts to btc
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