Bitcoin - what's the next target?
BTC is currently at $16 000 weekly support and this is the 6th consecutive week that we're at this price level.
Considering all the drama and chaos that happened with FTX, this is a pretty good price level because we could've seen a way worse market drop.
As long as we're above $16k, we're in a safe zone.
I would not like to see the price going lower because then we will hardly find support all the way down to $12k.
Whatever happens next, I do not expect the price to go up in the next 2-3 months considering all the micro and macro events surrounding the crypto market.
Stay patient, I will share a couple of great investments in the next days and zones at which would be great to start accumulating.
