Today is April 11, 2022 and bitcoin is trading around 42.300 USD per 1 BTC.
Not long ago he broke out ofrange of 30-40K and reached $48,000, however, it did not stay there for a long time and quickly lost the achievements of the first month of spring.
Despite the optimistic long-term outlook for Bitcoin and cryptocurrency in general, I expect it to return to the 30-40K range in the near future.
In this case, we can assume a test of support in the $30,000 area.
It is clear that the big players will buy backdigital gold is on such a decline, I do not expect panic sales of institutional investors, they have proven their commitment to the HODL strategy. But they can also break through this level and collect stops.
ps. I continue to accumulate cryptocurrency on the #1 exchange - this is the main strategy for 2022. Subscribe to the telegram channel to stay updated on important events. Original blog post.
