above 17k likely, bear market still pressing crypto
dollar up, crypto down
id like to take a moment of silence for all the 2022 bulls.
were in a basement btcusd and will stay there until monthly log support shapes up. 17k still likely to hit, but we will have months of essentially sideways action at this rate. unless something changes, the daring bet is scalping this weekly sideways between 17 and 15. after we revisit top of problem area, i wouldnt be surprised to see low 15s.
id like to take a moment of silence for all the 2022 bulls.
were in a basement btcusd and will stay there until monthly log support shapes up. 17k still likely to hit, but we will have months of essentially sideways action at this rate. unless something changes, the daring bet is scalping this weekly sideways between 17 and 15. after we revisit top of problem area, i wouldnt be surprised to see low 15s.
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