Bitcoin (BTC) BITFINEX
THE BELOW IS A HIGHLY UNLIKELY SCENARIO, BUT IT'S A PERSPECTIVE WORTH CONSIDERING
If Bitcoin falls out of the channel it's [ dare I say, religiously ] held to, I'll have to wonder whether it will survive at all; although it is entirely possible that it finds support around $1,200 followed by a quick bounce to $3,000, upon which it would then enter a new price discovery phase seeking to find new support at price levels below $1,000.
If Bitcoin falls out of the channel it's [ dare I say, religiously ] held to, I'll have to wonder whether it will survive at all; although it is entirely possible that it finds support around $1,200 followed by a quick bounce to $3,000, upon which it would then enter a new price discovery phase seeking to find new support at price levels below $1,000.
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