A look into monthly chart confirms that we are way far from a bull run. It is also pretty evident based on volumes and candle rejections that we didn't see yet any meaningful signs of capitulation.
There more downside ahead. Perhaps a strong support at the next technical level wich also coincides with marginal cost of production less hardware costs price zone.
1300k Price range support seem crazy think about but just notice volumes at early stage of previous bull If we get under 3k we could see massive shake off pushing towards a potential capitulation.
There more downside ahead. Perhaps a strong support at the next technical level wich also coincides with marginal cost of production less hardware costs price zone.
1300k Price range support seem crazy think about but just notice volumes at early stage of previous bull If we get under 3k we could see massive shake off pushing towards a potential capitulation.
D7R
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D7R
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
