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RE: Leo Talk 4/11/2021 -Come Join Our Chat

in LeoFinance5 years ago

Yea I saw another BTC article in my feed. So long as it doesn't drop under 50k, I think it has a good opportunity to go to 70k soon enough.

https://finance.yahoo.com/news/bitcoin-above-60-000-again-022816607.html

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A drop below $50K could put $40K back on the table. I am not sure there is much to stop it if we have a selloff below that level.

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Yea that's why I think it will be fine so long as it doesn't lose 50k support.

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That would be a big mental barrier also.

Markets rely upon psychology.

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