A pseudonymous trader and analyst is outlining a key support level that could change his bullish thesis for Bitcoin (BTC).
The trader and analyst pseudonymously known as DonAlt tells 67,000 subscribers of the TechnicalRoundup YouTube channel that Bitcoin is “still hilariously bullish.”
DonAlt, however, says that the bullish case for Bitcoin could be invalidated if the crypto king falls by around 9% from the current level.
Trending: “100 MILLION DOLLARS IS MISSING” – Trump Goes Off Over “FIREAID”
“You just don’t want to necessarily lose $108,000. I think that’s like the first warning sign that something is wrong…
But I’m not too worried just yet. I will be very, very worried if we lose this breakout [$108,000]. And then I’ll I’ll see if I change my positioning. But until then, you can barely see this pullback. It’s
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!