Issue 98 – Bitcoin Support Levels to Watch

By Justin T Bennett

October 22, 2021

Members Only

Happy Friday, Cryptocademy!

Bitcoin is showing further weakness today after confirming the recent false break above $65,000.

So what support levels am I eyeing, and why is $55,000 so significant?

We’ll discuss that in today’s video, along with updates on ETH, DOT, DOGE, and VET!

Let’s get it!

Bitcoin (BTCUSDT)

Bitcoin continues to look weak today after Thursday’s confirmed false break.

As I’ve said recently, pullbacks are healthy. However, what’s a little more concerning this time is that BTC carved a new all-time high and even closed above $65,000 before starting this reversal.

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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