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Monday, November 21, 2022

Bitcoin | the road to 14k level confirmed ?

Bitcoin | the road to 14k level confirmed ?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

as we can see bitcoin formed the triangle and bears ware able to break it down.

for bulls as long as we are under 17k , there is no hope to see a strong up movement. so, we may consider 17k is the key for bulls dominance.

I expect to see lower levels from here to 15600 level then 14600 or even lower but close to 14k level.

for investors and long term traders I see these prices are very attractive for DCA strategy.

I mean I think it's good time to start accumulating bitcoin at any down movement and just be patient.

we are very close to the bottom of this bear market and the sun will rise again :)

stay safe, and be ready for sniping the bottom!

Via TradingView Ideas

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