Bitcoin: The Floundering Kite
With no new wind, how long can this floundering kite fly at this height before the wind gets weaker and she freefalls to the older and gustier winds below? Once she flies below $4,000 there's zero support until $2,900. Where is the volume going to come from?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.