Bitcoin bounced off of (well near) the 200ma. It will likely drop to test this area of support again. If it breaks below this area of support, the targets are on the chart below.
If/when targets below the 200ma are hit, time to pick a Bitcoin miner stock to ride the climb back up. I believe this heads to $100k later this year or early next year.
BITF, CIFR, CLSK, CORZ, HIVE, HUT, MARA, RIOT, AND WULF
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