Bitcoin at $34,000 what’s coming next?

Will the bears beat the Bulls?

Bitcoin reached its lowest value at $34,000 since December 2021. The Majority of retail analyst saw $40,000 as support level! That’s because they thought bitcoin was going to $100,000.

On my private group I indicated that Bitcoin is going to go down on the 17th of May 2021, I have also indicated where it will go next.

Now I see level $31818 as the next resistance point that will indicate where Bitcoin will go next. If Bitcoin falls below this level then I can see it break down to $17100, however, if Bitcoin doesn’t reach $31818 or it bounces off it, without breaking through that level, then it might take longer than expected for BTC to move where I want to see it going.

SacraWolv® Money

“The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading forex, indices or crypto assets comes with a risk of financial loss.”