Bitcoin on the edge here...

in #bitcoin14 days ago

If bitcoin loses this support area it's going a lot lower

Bitcoin is clinging to the last line in the sand here.

Check it out:

image.png

(Source: https://twitter.com/rovercrc/status/1573324138055450626/photo/1)

If we lose this support level there isn't much on the charts until about $12k or so.

A lot of people are calling for $14k area to be hit soon if we lose that support, but I don't see a lot of support there personally.

Markets have taken another leg lower and the FED is going to continue to apply pressure, patience is now key here with bitcoin investing.

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Upvoted! Thank you for supporting witness @jswit.

he will probably lose this limit, the fed showing signs of further increases

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