It looks like we broke down and now confirming former support as new resistence. We will see what happens when traditional markets open, CME closed at 48400 USD.
But i expect further decline as weekly volume is fading and there is clear inflows to exchanges . Target is 30k level, check my previous analysis for long term view.
But i expect further decline as weekly volume is fading and there is clear inflows to exchanges . Target is 30k level, check my previous analysis for long term view.