Bitcoin- 30k target hit, what's next?

10 במאי 2022

Last week I said that Bitcoin could drop hard and reach 30k soon and yesterday the price reached this target.
The big question is now what?
Looking at the daily posted chart we can see that the trend is grossly bearish and Bitcoin could easily drop under 30k.
My idea remains unchanged, sell rallies and a expect BtcUsd to drop under 30k support
The next important support is around 20k and for a more optimistic view the price should pass above 37k