Hard to tell if this will break to the upside with bulls taking over. BTC has no use case. Merchants have abandoned it for more promising up and comers. I think the bear continues on here after a bounce to sub 8 range. Even with LN BTC is a speculative gambling asset. This is not P2P electronic cash any more. The damage here left in the wake of BTC bull market, yet those championing BTC still unwilling to repudiate the writing on the wall. Ugly scenario.
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Mighty fine P&D. Or bullish institutional investors throwing money into a fire stack on a Sunday afternoon after marginally positive G20 sentiment released. Hope for the best <fingers crossed>
Am bullish about crypto not btc but of course it could surprise the world again...
kenj1
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@qdoc, BTC could definitely surprise the world again no doubt. Weighing heavily on dumb money of course. I tend to believe LN is a dead end. I’m super bullish for crypto long term too, no matter what!