A Pullback Is In The Horizon For Bitcoin If It Fails To Capture A Critical Support Level

So it’s been said that if the king crypto bitcoin fails to hold it’s support level we can likely see a pullback which investors are been warned as it’s projected to be imminent.


In a crypto session with a veteran crypto analyst and trader Tone Vays which he went on today on he’s YouTube channel as he told he’s subscribers that there will be a short term price drop if the king crypto fails to hold a critical support level.

The analyst continued that in coming weeks that the king crypto bitcoin will witness significant pullback which he said that we got rejected by a very critical resistance level $25,500. I have been warning about this level. I have said this is a very challenging time to navigate because had we rallied right into [a] death cross [on February 13th], it would have been obvious that there was time for a really significant pullback, but we turned earlier and the pullback was not very deep, so now we’re in a situation where the real pullback might be coming over the next few weeks.

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I will consider it as a bullish signal if bitcoin is able to break the recent resistance level at $25,500