BTCUSD
looks about ready to move back up. For many investors these low swings have been a blessing in disguise and there is no drop that isn't quickly met with a sharp rally. Bitcoin has been searching for a floor, slowly making new lows but 34k has been manipulated heavily and there seems to be no reason that bitcoin couldn't crack it, but I do not believe there is enough supply in the market for it to achieve such a feat again. I could see it rapidly making its way back up to 35k and potentially clawing back up to 40k if the conditions are right.
BTCUSD
looks about ready to move back up. For many investors these low swings have been a blessing in disguise and there is no drop that isn't quickly met with a sharp rally. Bitcoin has been searching for a floor, slowly making new lows but 34k has been manipulated heavily and there seems to be no reason that bitcoin couldn't crack it, but I do not believe there is enough supply in the market for it to achieve such a feat again. I could see it rapidly making its way back up to 35k and potentially clawing back up to 40k if the conditions are right.