Looks like we'll likely head lower here as the Death Cross is confirmed, and the Bulls haven't had enough strength to push us higher.
It's a critical level that if we don't hold here, we'll likely see BTC at $24k-$25k and quite possibly a flash drop to $20k to week out all the weak hands and then I expect a 'Whale Feeding Frenzy' to take place, and we'll put in a strong bottom to support an end of summer / Fall rally.
Expect alts to pull back further, but will be looking for great buying opportunities if the above plays out.
Stay safe out there.
It's a critical level that if we don't hold here, we'll likely see BTC at $24k-$25k and quite possibly a flash drop to $20k to week out all the weak hands and then I expect a 'Whale Feeding Frenzy' to take place, and we'll put in a strong bottom to support an end of summer / Fall rally.
Expect alts to pull back further, but will be looking for great buying opportunities if the above plays out.
Stay safe out there.
23-year investor, trader, and early investor in Bitcoin & crypto.
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report
