17k is not that bad, it's near there and it should stay there for a while to make it a strong support point. We have failed to keep the prices up before because we never built a strong support line, if we could have a strong support line where even a bad news can't drop further down then it could have made sense but we haven't done that.
17k is good, it already has a natural "we have come down a lot already" support, but if we build on top of that more and more then it could give the investors an understanding that it would be much harder to make it go down than make it go up. That's how we should be profiting and making money, otherwise it would be very tough.
Yeah, there's nothing we can do if we end around $17k this 2022. Although this is the first time that we have encountered the price really going below a ATH (2017). But at least the market has survived in the first year of this bear market.
So $17k should be considered as good for now, but hopefully the biggest support but now becomes a resistance price, $20k can be achieved next year.
It's a very important support level that we should maintain so that we won't see another lower lows next year.
