Since we dropped like projected, the “now what” is showing its ugly head. If the market is not interested in these price levels, we are in for a further journey down.
Just like in any markets, crypto assets have to create easy to swallow narratives, and they are more important than any fundamentals. Let’s debunk some of them:
There’s absolutely no way we have seen the bottom. $6K support for Bitcoin will break, and here are a few simple reasons for that.