https://youtu.be/T-rQg-tfIFg

So, Bitcoin had another breakdown today, it is expected since we dont really have any significant support in this area. Here is the daily chart:

![FireShot Capture 858 - BTCUSD_ 8890.70 ▼−1.2% — Unnam_ - https___www.tradingview.com_chart_AxIWekrr_.png](https://steemitimages.com/DQmYfWehzschUvsKHKhxB1QooU2otX9K5ZnxjwDit5dW5MZ/FireShot%20Capture%20858%20-%20BTCUSD_%208890.70%20%E2%96%BC%E2%88%921.2%25%20%E2%80%94%20Unnam_%20-%20https___www.tradingview.com_chart_AxIWekrr_.png)

Comment: We did not close at the very low, in fact we closed just above the 200 day moving average (yellow line) and that is also a long term trendline back from September intersecting the same price level around 8900. 

It could work as support, but Im looking at 7500 since that is where we have real support. 

I can show you that support in this other area line chart:

![FireShot Capture 859 - BTCUSD_ 8870.00 ▼−1.43% — Unna_ - https___www.tradingview.com_chart_AxIWekrr_.png](https://steemitimages.com/DQmNjnFdQWanB5wzEVtppcwS1m8YKeDLtYb8e4jUzfdUU6q/FireShot%20Capture%20859%20-%20BTCUSD_%208870.00%20%E2%96%BC%E2%88%921.43%25%20%E2%80%94%20Unna_%20-%20https___www.tradingview.com_chart_AxIWekrr_.png)

Comment: If you look at the lower left corner you can clearly see 2 peaks from back in November. 

Finally, we could get a bounce from this area, and it could also work as long term support, but Im more inclined to drop down to 7500.

And remember, this is an awesome opportunity go buy some more cryptos, always accumulate in pullbacks like these.

Happy investing!