What will be the bottom of Bitcoin
Good evening to all my friends. I hope you all are doing well and enjoyed your weekend as well. I am having a fantastic day. Today is the busiest day for me because you all know how much love i have for cricket. Today one of the biggest rivalry cricket match is going on, which is IND vs PAK 🏏. Btw let's talk about crypto market now. Bitcoin lost the 25k support and trading above 24k. As i said in my yesterday's post that Bitcoin could go to 23k and you can see the reaction of FTX news.
This could be another fud but crypto market react very fast on any news whether it's positive or negative. I see this dump as a golden opportunity because of upcoming bullrun. This will be last dip i think 🤞. BITCOIN monthly RSI supporting the trendline from last one year and i hope this time also support won't break.
Crypto total marketcap going into support zone and this will be 3rd instance. Two times support touched, 1st when FTX collapsed and 2nd when SEC declared all altcoins as a security. Now agin it's going in to support zone, it will be triple botton and you all know triple bottom is bullish sign.
Another news coming from india, coinbase shuts down it's services. Coinbase is one of biggest crypto exchange and launched it's office in 2021 maybe but indian gov didn't supported much that's why coinbase is shutting down. This is how bear market works. You see everywhere fud, lot's of selling pressure but i see as a buying opportunity. Here's the latest update video of crytpo market. That's it from today. Thanks & have a good day!!
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