Trader: Bitcoin may test support below $90,000

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Blockbeats
5 hours ago
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On December 23, well-known trader CrypNuevo stated, "The market has seen a pullback before a broader market rebound, with the focus being on the lows near $90,000 in early December. Now, I still believe we may retest those lows.

It's hard to imagine we'll see a V-shaped recovery from here. I'm more inclined to see a W-shape, or a complete fill of the lower wick. Ideally, a complete fill of the lower wick, as $90,000 is a strong psychological level."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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