Watch these key levels for bitcoin next after its break below $30,000, traders say

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Watch these key levels for bitcoin next after its break below $30,000, traders say
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Watch these key levels for bitcoin next after its break below $30,000, traders say (TradingNation)

Delano Saporu, founder of New Street Advisors, said he sees more pain ahead for bitcoin.

While short-term traders who invested in bitcoin at its highs are feeling the pain now, Saporu sees the cryptocurrency paying off for long-term investors. In the same interview, Fairlead Strategies founder Katie Stockton said bitcoin investors may feel the squeeze for a little longer.

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