Bitcoin Price Heads South: Where Can BTC USD Find a Bottom?

Bitcoin price is in bear hands today and yesterday. BTC is currently hovering around $88,000 and trading at 20% below the ATH of $109,900 at the time of writing.

When crypto sees a drop like this, fear can overcome rationality and reason. A good trader must keep a level head and avoid involving emotions, not FOMOing into trades. The best way to do that is by doing an analysis again and again.

Look at the date of CZ’s tweet below! On Dec 17th, 2020, the daily candle on Bitcoin closed at $22,780.

Many people found it unbelievable that BTC would reach such prices back then. As it turns out, it had a few more x’s before topping out at $69,000.

Waiting for the new headline: #Bitcoin “CRASHES” from $101,000 to $85,000.

Save the tweet.

— CZ BNB (@cz_binance) December 17, 2020

DISCOVER: Crypto Trends For Bullrun

Bitcoin Price Analysis: BTC USD Analysis Before Catalysis

What do you mean, bro, what catalysis?

Catalysis in chemistry is the process of adding a catalyst to facilitate a reaction.

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