Is Bitcoin(BTC) Headed Lower & When Will We See a Recovery?
#BTC may be headed lower after dropping down to $28.7K earlier this morning. The price was able to recover to $31.5K before trading around the $30K. We are now back at $32.5K at the time of this writing. Is BTC headed even lower? It's possible we head down to $25 - 22K, but it looks like buyers are coming in real strong at the $28.7K level ( none of my buy orders executed). Look for BTC to bottom out this week now that the death cross event is over & we should see a recovery starting during the middle of next month.