Another Blah!

Bitcoin - Temporary Pullback?

PunTatBerSiul
Publish date: Mon, 20 Jun 2022, 06:09 PM
Inconvenient truth.

Bitcoin crashed from RM 283990 to Low of RM 77521.That's a painful drop.

However, the slide is coming to a temporary halt and pullback is seen.

Currently, it has pulled back up to RM 92000, about RM15K gain from the latest low.


The pullback may reach up to RM 120000 and the next resistance is seen at RM140000.

If penetrating RM120000 is hard then a revisit to the latest low or much lower is possible.

This is my observation and definitely not a signal.



Discussions
Be the first to like this. Showing 5 of 5 comments

TheOwlsandWolves

Bitcoin to go down to 12500.

2022-06-21 01:46

ahbah

Bitcoin's movements are always transitory when they are pullbacks or skyrocket ups ?

2022-06-21 09:35

PunTatBerSiul

"TheOwlsandWolves

Bitcoin to go down to 12500.

15 hours ago"
==========================

You are right!
However, I see temporary pullback.
As mentioned RM120K is a target resistant.
If it fails to surpass or even reach that mark, I will take my profit.
Two to three weeks timeframe.

2022-06-21 17:38

PunTatBerSiul

@ahbah
Major trend is DOWNWARD
Any pullbacks, are as you mentioned, transitory.

2022-06-21 17:59

PunTatBerSiul

"Posted by Alexrealdeal > 6 hours ago | Report Abuse

BITCOIN FOREVER SLEEP,

PUI"
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How much you lost or losing?

2022-06-22 21:48

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