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Normies coming out of the woodworks asking if now is a good time to buy Bitcoin...corrective move lower seems written 😂
That said, would love to be wrong. Hold up my hand if we break through $47,000.
Nothing's changed.
$46,230 key level to watch IMO.
2019 rally touched the 2018 yearly open price, marking the start of another corrective phase until the end of 2020.
Lesgo #BTC, show us what you got.
Simple #BTC levels to watch
Would like to see $31,310 tested
Oh, and if we hit the 2022 yearly open and move lower again, its essentially just a repeat of 2018/19 price action...#REKT
Previous two halvings saw prices continue to grind sideways for at least 5-6 months before we finally broke out in an explosive leg higher.
A move lower from $46,000 would help build some decent market structure. I do think its possible we see prices in the 20s one last time.