Bitcoin- 30k target hit, what's next?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Mihai_Iacob

Last week I said that Bitcoin could drop hard and reach 30k soon and yesterday the price reached this target.
The big question is now what?
Looking at the daily posted chart we can see that the trend is grossly bearish and Bitcoin could easily drop under 30k.
My idea remains unchanged, sell rallies and a expect BtcUsd to drop under 30k support
The next important support is around 20k and for a more optimistic view the price should pass above 37k

You might be interested in …

Trading View May 9, 2022

KNC/USD bounce back ?

KNC/USD bounce back ? Kyber Network / US Dollar (calculated by TradingView) BINANCE:KNCUSD SubvertoTradingClub Hello fam’ ! KNC currently coming in our bouncing zone (green box). High probabilities of bounce in this area. + some […]

Trading View May 11, 2022

ICP : Next support

ICP : Next support ICP / TetherUS BINANCE:ICPUSDT baby_rhino Yes… next support i meant… not necessary to be the target… how come most coins fall too much oversold without stop pulling back for correction ?? […]

Trading View March 30, 2022

SOL is fighting to break the first resistance.

SOL is fighting to break the first resistance. SOL / TetherUS BINANCE:SOLUSDT cryptodailyuk Hello everyone, let’s take a look at the SOL to USDT Chart on the 1H Interval. As you can see, price is […]