BTC WAG for the Win

Going through old BTC posts. I did this one in January. The path of BTC was pretty close to my guess. It was over $40k at the time and I was looking for a move to $30k.

In this post from May 2021, I said my first target was $20k. That could be hit today. BTC Waterfall Decline Approaches

$30k was a tradable short-term support level

$20k is firm support for a major correction

$12.5k to $15k is support for a BTC bear market

The plunge to this point was through a low volume area. A symmetrical drop similar to the spike up in December 2020. There is support at $20k and I expect dipbuying will kick in.