After this drop it will go back to 20k fairly quickly but it's hard to predict what the timespan will be.
Nota
The yellow pointing hands are indicators of where it might find support again.Nota
The rocket back to 20k could potentially come a lot faster than this. But I didn't want to paint a too optimistic picture.Nota
There seems to be some support on the hourly right now but we are still some ways away from the 50day ma on the hourly. So till it hits that it could still go down again. But the FOMO could drive the price up again.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.