Retest of 7k is likely, previous lows... maybe. I think the average crypto trader is rather 'bored' currently and getting a bit complacent and mm's are taking advantage.
So I'm guessing there is a non trivial chance(25-33%) that bitcoin is ded for all intents and purposes(months to years). 8.2-8.5 support almost certainly broke, bear flag painted, another attempt at retesting 6k bottom and whatever support line it was on, could be going lower?
Retest of 7k is likely, previous lows... maybe. I think the average crypto trader is rather 'bored' currently and getting a bit complacent and mm's are taking advantage.
______________________________
More likely it's Google cracking down on all those scamming cryptocurrency websites. Good riddance
______________________________
Getting a bit better at TA, up about 75% in my trading stack since i opened my kraken account for leverage(in mid march).
Growing pretty confident in 5.6k bottom here, bounce to ath 11.7k log line(~8k) and new low of 3k now.
There are currently 1 users browsing this thread. (0 members and 1 guests)