Hollowzep

Bitcoin has the wobbly boot on

COINBASE:BTCUSD   Bitcoin
BTC 1day sentiment has done a 180 on us going from a potential recovery to a fully blown risk-off strategy Price has broken down at the previous ATH support $42k This was our second critical level and we already had a reserve bag in USDC from the warning when price failed to penetrate the POC level at $48k to move upward was a signal to lighten the load. This break-down at $42k triggered the remaining trading funds sold into USDC and if shift changes here and we have to buy higher well that's ok and a risk I am willing to take but we will be ready to purchase cheaper BTC if it retreats further due to China's Evergrande crisis

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