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Hello readers, todayu2019s market is a little bit painful for all of us. There is some bloodbath in the market but donu2019t panic. https://www.coinmomo.com/article/btc-bounce-incoming-analysts-says
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Hello readers, today’s market is a little bit painful for all of us. There is some bloodbath in the market but don’t panic. Now you must think that how low the price of Bitcoin reached. As per our analysts at Coinmomo price of BTC can go as low as $53k. There is very strong support at $52k to $53k area. So don’t panic now and have some patience and let Bitcoin do its thing.
Bitcoin can definitely reach above $100k as we mentioned in our previous blog. If you didn’t read it then scroll to our blog section and read the update. The price of bitcoin is surely reached $73k in a short period of time. Of course, there is short-term volatility.
The price of Bitcoin can be reached to the lowest at $52k. The main support of bitcoin is $52-$54k and the main resistance at $60-$63k. When resistance is broken then a rally towards $73k is imminent.
This isn't a financial advise but as per our team the price of BTC must bounce from here and all the fud that is being spread everywhere is merely to wash out the week hands from their positions before BTC reaches the , you cannot do anything. Just wait and watch the market. Let bitcoin do his thing. If you are at a loss then don’t be panic. Have some patience. Taking trade decisions during high volatility in the market could be highly risky so be smart wait for the right time and take decisions accordingly.
For more update , visit us https://www.coinmomo.com/article/btc-bounce-incoming-analysts-says