Bitcoin rejected at the downtrend line once again
If bitcoin can't break this downtrend it's likely to go much lower.
We have the lower support in the $18k area that is likely to revisted with the most recent rejection.
If that doesn't hold, it's look out below...
(Source: https://twitter.com/profit8lue/status/1580932232042057728/photo/1)
There is significant support in the $8k-$12k range should we lose that $18k support area.
It's much more fun when prices are going up!
Upvoted! Thank you for supporting witness @jswit.
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I know I sound like a broken record, but I say 12-15K is where we will bottom and I have thought this for a year now.
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Nope, no broken record. You have been calling for that level for a long time now, and so far there hasn't been much in the way of saying you are wrong. One more major plunge is all it will take.
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