AI
Monday, June 24, 2024 1:52:02 PM
Best explanation of the fall in Bitcoin I have seen so far.
https://www.zerohedge.com/crypto/bitcoin-crashes-below-61000-ahead-imminent-mtgox-repayments
I am thinking it will find support at the 200ma, approx $58k. If it moves below, the next two support levels are at $51k, the $42.5k.
Once this period of trapped bitcoin holders is allowed to sell their returned bitcoins, and the chart turns up, $100k plus is my target. Before end of this year? GLTY
https://www.zerohedge.com/crypto/bitcoin-crashes-below-61000-ahead-imminent-mtgox-repayments
I am thinking it will find support at the 200ma, approx $58k. If it moves below, the next two support levels are at $51k, the $42.5k.
Once this period of trapped bitcoin holders is allowed to sell their returned bitcoins, and the chart turns up, $100k plus is my target. Before end of this year? GLTY
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
