Issue 130 – THE Bitcoin Support Area to Watch (And It Isn’t $40,000)

December 10, 2021

Happy Friday, Cryptocademy!

It seems the market doesn’t look any healthier today than it did last Friday. But the silver lining is that Bitcoin is one week closer to finding a bottom.

Speaking of which, in today’s issue, I’m sharing one of the largest areas of BTC confluence that I’ve ever seen. And, no, it isn’t at $40,000.

Plus, we’ll discuss what the DXY needs to do next week for cryptos to strengthen, and I’ll provide updates on ETH and MATIC.

Let’s get it!

A Focus on Bitcoin

Typically in these newsletters, I talk about a handful of markets. However, I want to do something a little different today and really focus on Bitcoin.

The reason for this is twofold.

This is a members-only issue. Join today to get access to the full post, charts, and watch the video.

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Justin T Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

Learn more