Is Bitcoin about to do the unthinkable ? The highlighted zone marks the 21500 zone and will play an important role in determining whether we continue to trade higher or if this is the beginning of another painful leg lower for long term investors. Perhaps an opportunity to buy at lower prices?
never thought it was unthinkable, the bottom is not in, new lows in the coming weeks.
Swiing
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@Ro.goudreau, I agree. I also do believe the bottom is yet to come. However looking at both sides there are heavily invested buyers who believe the recent pump is a signal the worst is over and the idea of a new low may be difficult to accept