RE: Get your dry powder ready! The BTC lows are right around the corner!

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Get your dry powder ready! The BTC lows are right around the corner!

in bitcoin •  4 years ago 

I always enjoy the fall as it gives me an opportunity to buy on dip. For now it seems that btc/usd is respecting the trend line. I will expect more fall if it closes below $51,500 and would see $48k as the next support. And if the fall continues even further my next target will be $42k.

In any cases i will still be bullish overall for a target of $72k on bounce back.

Attaching my chart setup do let me know what you think about it @jondoe.

btcu.png

#bitcoin #btc #crypto

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