I just noticed say bitcoin been don reach $69k all of a sudden bitcoin just drop down to $63k along side with other altcoins like Shiba in doge coin and Pepe. The market just they red na just this morning I come notice say market come dey recover small small I say make I ask our oga them wey dey here weda dem get something to talk about am I wan learn. Abeg make ona give me answer.
Just wetin oga Charles don talk already, if look at the Bitcoin price chart, if you know how to do technical analysis, you go observe say people sell too much of their Bitcoin mostly at the resistance level which is 69k, and that makes the price to collapse back to the nearest support, and for market terms, them dy call correction.
so as more buyers enter the market in that supports level, the price come dy recover back, and by the look of things, the buying momentum dy stronger than the sellers now, so we fit still dy expect the price to retest that resistance level again if e fit break am, but if e break am, na new all time high Bitcoin go set this time around.
