Looking at the log chart of Bitcoin on the weekly, there seems to be a lot of support at current 5500-5000 levels.
It'll depend a bit how the trendline is drawn, but I'm thinking that we can't be too far off a bottom.
Whether there is still a flash crash capitulation coming or not I can't say, but time-wise I'd say we're real close.
#notfinancialadvice
It'll depend a bit how the trendline is drawn, but I'm thinking that we can't be too far off a bottom.
Whether there is still a flash crash capitulation coming or not I can't say, but time-wise I'd say we're real close.
#notfinancialadvice