Bitcoin Overall: Likely some decline expected
2025-01-09
Category: None

Given how the bitcoin price has been acting over the last few days, it's a bit hard to be optimistic about it at the current moment. At the recent lows the support is quite weak, and the speed and magnitude of the current decline...I'm pessimistic the support will hold. I'd expect a decline to any of the indicated levels.

In the meanwhile it's likely we'll at least find some support at the current price and levels above the low, I'm just not sure it can hold.