BTC - Correction - Nice support lines in place
Hello all,
The BTC is now in correction mode since some hours. Nothing drama till now but we have to keep an eye on some big support lines :
As you can see on that chart we have a big support line around $9200 and another one around $7800.
If these support lines can hold the correction, the UP trend will come back soon.
If we break the first support line around $9200, we still have the support line at $7800 as backup.
However we must don't break that last support line or we will go in a very bearish scenario.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] BTC - Correction - Lignes de support en place
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now BTC price come to down trend but not sure how many times down.
I can see the headlines: btc crashing, it was a bubble after all.
Mainstream media badly try to mark crypto as a bubble.
It's already on CNN : )
Corrections are good, they weed out weak.
9.42% @pushup from @babarrajo
This will be interesting too see how everyone handles this correction
The Price is going to come back up for sure. Wait till febuary when amazon starts taking bitcoin. MOON Landing! Upvoted (>")>
informative post
@cryptopassion, thank you for the latest updates on how is BTC correction going to take place. And of course we have to be on the look - out of finer things before taking a final call.
si bueno siempre fluctua hay que estar muy atentos alos picos
yeah...we are on......
Bitcoin always growth.... Bitcoin always jamping that is increasing thanks for your good crypto news I appreciate your post @cryptopassion 👍👍
I don't really understand you.
Does the support lines have a role in the rise and dropping of bitcoin?