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22 Dec 2021: Bitcoin holds above 46,000 USD

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Hopehope赋予希望 wrote a column · Dec 21, 2021 19:44
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Readers of my articles/ posts and viewers of my youtube channel would know that I have always mentioned about the price support level for Bitcoin around 46,000 USD for this time round.
It seems so far that it has been able to hold onto this level amidst Monday (20 December 2021) onslaught when the negative news concerning COVID and its latest variant "Omicron"... So far, Bitcoin now has returned to around 48,800 USD. Is it safe now?
No... Unless Bitcoin is back above the resistance level that I am monitoring (proprietary and not announcing) then Bitcoin is still in an unclear zone... So the coast is not all clear though I am generally still an optimistic of risk assets. I am not buying bitcoin (given its volatility) but instead have chosen selected good tech stocks for investment and will load whenever there is pullback. Will I be right? Only time will tell...
As always, this should not be construed as any investment or trading advice.
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