And it's back to $20,400-$20,500, fluctuating around this price, so we have a round of more than 2% this weekend and I think that is a good numbers already. Yeah, no need to panic, I mean sooner or later we will have to bounce back again.
So let's just be positive that we will continue to have a recovery phase at the start of the week.
Maybe the news on the Biden taxing crypto miners has subsided already and investors are willing to buy again.
Bitcoin has recovered to almost $21k after yesterday's correction, based on the recovery daily high so there is potential for the market to recover once the negative news wears off and has no more impact on the crypto market, we expect end of march to be expected to hit back $25k to record a historical move for the month march this year there is no correction high not march last year
Honestly, im expecting even go lower than 20k but it seems it did really be able to withstand its position and able to hold up this support line.There are rumors that this might be moving sideways for this level for how many weeks. March-April isnt over yet which supposed to be a bloody market.This is why it is really always that good or better to make yourself prepared for whatever things that would
encounter on this market. Whether it would be going up or down then you should have known on what would be the preparation or plans on whatever things ahead.
People do usually easily freaked out when they do see a long red candle.