It's possible. I see lower support in the $5,000 - $3,500 range - but I don't think it will not last for long, given the current environment. We'll get support bounces at various levels if we are on the way down to all-time lows. This is simply another case of market manipulation by "big money," who are waiting to enter the space after they shake out the weak hands. After they buy it up at super-low prices, they'll be happy to sell it all back to people for 1,000% of what they bought it for.
Yes you have. $5k in play?
$5k is in play, the feb lows at 5800...I preferably would like to see the crack, break 5k touch 4500ish and a rip back up....
Then I will be the bullish bitcoin analyst on Steem :)
It's possible. I see lower support in the $5,000 - $3,500 range - but I don't think it will not last for long, given the current environment. We'll get support bounces at various levels if we are on the way down to all-time lows. This is simply another case of market manipulation by "big money," who are waiting to enter the space after they shake out the weak hands. After they buy it up at super-low prices, they'll be happy to sell it all back to people for 1,000% of what they bought it for.