I really wish my morning analysis was wrong. This afternoon Bitcoin crashed below $7000 and it took the entire crypto market with it. There is not much support here and you have to go back to 2017 to even try and draw a support line. The problem I talked about this morning has reared its ugly head, in that the upside gain for swing, and day, is nothing compared to the the downside loss. I bought some small amounts hear. Good thing for my stops because they all got hit leaving me with a 5% loss.
Man these are crazy times I wish I didn't see.
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I agree, we just need Bitcoin to stay above 5800 or 5000, a break below this area would be an extremely bearish indicator and we'd prob be in a bear market for a while. Followed you since I just did a Bitcoin update as well!
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Thanks for commenting. Upvoted and followed you.
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