IF this critical support line is broken, it will crash to the crypto abyss. If the markets go to hell on Monday, it is possible that bitcoin will crash to the 30k range where there is resistance
Trade closed: target reached
⋅
Mistyped in the first sentence, bitcoin most definitely won't crash to the 30k range in a single day but possibly overtime if the negative trend continues
@ArtfulDodger1974, didn't mean it would drop that low in a single day, but nasdaq futures are down over $500, and bond yields keep rising. Also powell's speeches don't even help the markets it only causes a temporary rise most of the time
snowboardingalex12
⋅
@ArtfulDodger1974, I believe the economy will crash soon, Powell can't do anything. I do believe though after the crash bitcoin will be more adopted