1 Trillion Market Cap - Support

33
Flash crash of 18 August 2023 was one of the fastest seen in recents flash crashes with a low touched in just 4 minutes (4 - 1 minute candles).
Impressive than the low of such well organized (if not manipulated) flash crash was just the psychological level of 1 trillion market cap. Even liquid exchanges and Perp contracts saw many arbitrage opportunities with over 500$ differenfe for some minute between exchanges and also futures arbitrages for over 1000$ per BTC. Well done.
What do you think so about the 1 trillion market cap support? We will be a le to find a base and support for a final high around 34000$ for BTC? Or this is just an alarm and soon a breakout of 1 trillion market cap will open the road for a bear market with target lows below 2022 low?
Thanks for reading.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.