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Bitcoin Spiked Off Target Downside Support by scaredycatguide

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· @scaredycatguide ·
$149.23
Bitcoin Spiked Off Target Downside Support
All the levels came into play in the last 24 hours, well I should say all the levels were visited down to the 42K which is the bottom most support I have discussed of late.   Especially as I have no desire to talk about price under 42K.

The good news is the targeted price level played out.  The bad new is I'm out of town this weekend and did not have any buy limit orders in as I played to do it tomorrow before I go out of town again.

Frustrating to be right and not get paid, but it is what it is.  It doesn't change that I'm holding most of my BTC for the long-term anyway.

This short video shows the level and the crazy ass spike we got.

### Support Spike

https://youtu.be/ECim7uP-Th8

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@behiver ·
Watching such videos makes anyone understand how to read the grasp and at least see resistance points and what are the next levels crypto can reach.

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@scaredycatguide ·
Yep, having points of reference is useful :-)

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@williamtboy ·
BTC is around 42k ,but for now ,we don't know what BTC is doing. But I believe that BTC will form a strong support on the 42k level. From their,it may continue on it bullish trend or it will break the support line and continue on it bearish.

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