Lobotto

Serious moment for Bitcoin. Does an old high act now as support?

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is close to the $60k mark. On March 12, this was exactly a resistance at which Bitcoin bounced before it broke through the 60k.

Is this former resistance now acting as support? If so, Bitcoin could move here again right new ATH. It's

It would also be important to note that investors like Micheal Saylor from Micro Strategy just tweeted earlier when Bitcoin dropped to the 60k support. Want to prevent worse? Bull tweets are always timely to support. But will it be enough?

This is just my opinion, it may be wrong. This is not an investment recommendation to buy or sell bitcoin /crypto.
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