Bitcoin To Bottom Out If It’s Able To Hold Resistance

When moon? is a general question for the crypto space, when will see the bullish movement for the primary digital asset.
It’s been projected that bitcoin is set to bottom out between $13k to $14k has said by a notable crypto analyst Jason Pizzino in a video session;

“We want to see whether Bitcoin is going to test those upper prices, first hit that $18,500, that’s going to be a key level. I think if we break that then we’ll probably put in a higher low around that March-April period.

source

But if we don’t, if we’re unable to get past that $18,500, then we’ll probably put in some sort of lower low.

How far down? That is anyone’s guess. But if we’re using some of the probabilities and looking back on the chart, looking at history, then we would have to say that it’s going to be somewhere around that $13,000 to $14,000, which has held the market up in the past.”

But we still optimistic regardless as a crypto investor or a trader that we might possibly witness a bullish movement this year but bitcoin might not be able to achieve a new all time high. Fingers crossed has we look forward for what the market has to offer this new year.

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