Bitcoin and Ethereum looking a little sick as prices get hammere

9 במאי 2022

BTC and ETH continued to fall along with US share markets as prices take out key support levels. Bitcoin is running down into major support which it will need to hold to keep and enthusiasm alive. The 30K level on BTC is a major level so we may expect a bounce although, if share markets continue to meltdown, then we may see a break straight below and extension on the losses. Now is not the time to go bargain hunting as price presses into the zone...better to wait and watch for confirmation off the level in the form of a higher low.