Bitcoin worse case IMO
Don't get shaken out
Continue to accumulate
Don't get shaken out
Continue to accumulate
Comment:
Broke 59.8 and right down near next 56.1K level, just shy of it on 5/1/24.
Now bouncing.
Possible this was the bottom but also possible we go lower to next and final target around 51.9K.
Now bouncing.
Possible this was the bottom but also possible we go lower to next and final target around 51.9K.
Watch out here.
New local lows under 59.8K will not look good.
Breaking and holding above daily 50MA will look good.
Waiting for one or the other.