Some experts warn: if Bitcoin breaks the 90,000 USD level, the next strong support may be around 75,000 USD.
Know the important support and resistance areas that help traders to be more proactive:
Know when the market is weak
Know when to reduce risk
Know where the buying money can appear
For newcomers:
Should set clear stop-loss points
Should not invest all capital into one price point
Prepare backup capital to accumulate when the market returns to strong support zones
If Bitcoin bounces back from the 75,000 USD zone, that could very well be the mid-term bottom.
Identifying support zones helps you not get swept up in emotions, not “walking in the dark”.
Before buying, always know: “If the market goes in the opposite direction, how much will I lose?”
