BTC to $16,600
I think you will find this chart pretty self-explanatory. There isn't much of any support beyond 30k if we are to break down lower. We will most likely get a very short-term bounce, maybe a revisit to 40k, but the downward momentum is far too high at this time. Fear is extremely high. The shakeup with LUNA reduced further confidence, so I believe we will soon ride much lower.
For the overall market analysis, please look at this post and leave your comments.
For the overall market analysis, please look at this post and leave your comments.
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