I think Bitcoin will never see a new price ATH again and will only have a reversal to remove the LS node
above and after that with After that, it will go towards destruction with high momentum
Ok so Zero is a bit of an exaggeration but it is on track to breaking down to a minimum of 4 dollars and 77 cents (aka the 1.618 Fibonacci extension) if it breaks the support of $10.50 and the likelihood of support holding here is very small.
I would stay far away from buying this stock as it's just not worth it to me.
Will we ever see Bitcoin in the $30,000 - $39,000 price range again? We've been forming a nice psychological base support level above $40,000 since February 8th. Ever since Elon Musk & Tesla announced their historic purchase of Bitcoin the days of even a $40,000 Bitcoin may very soon be a thing of the past. But of course that's just mere speculation there's always...
