Bitcoin after a huge correction Again recovers back and reaching the price of 71500 to grab the liquidity.
The market is currently blocked in this area. And now looking towards another Direction either to test $71500 or to go back again to see another correction
For those who are deciding to enter the market or who have not entered the cottage and the market I recommend them to wait for the key support of 68500.
This is the strongest support area for the for the Bitcoin If it takes support. If it takes support from this area, then I think it will surely test the area of 74,000 and will be the good time to invest.
If in case the price declines from this area and the support level does not support this price then surely it will again go and test 62,000.
The next scenario is that we have to wait for the 71500 area and enter the market if it stabilizes or a good breakthrough is seen.
A big break through Will even help the Bitcoin to reach the 80,000 Mark which will be another all-time high.
So the coming days are very Important and I recommend you to remain careful.
THANK YOU!
Posted Using InLeo Alpha