Current Market Condition

in #leofinance2 years ago

On a serious note, we are sitting on the 2017 peak, and on top of a level in 2020. I feel like we have some amount of old support here. Not enough conviction to bounce off it (bad sign IMO), but not yet enough pressure to break through it. Too many old holders are buyers below here, and too much uncertainty in the market for people to buy the support.

The 2017 high was $19891. This is a meaningful level and the more time we stay here the more likely we break through it. Just my opinion of course. Unusual waters ahead, but be careful of getting too much courage here.
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