Bitcoin Finally Finds Support at the $4,000 Level: What's Next?
Bitcoin just had a liquidity moment.
Perhaps it is related to liquidity issues and selling as discussed in Bond Market Dislocation: What the Hell is Going On?
There is every reason to believe Bitcoin has more liquidity moments ahead of it.
Bitcoin briefly fell below $4,000 then started a rebound. Where to from here?
I managed to catch a screenshot of Bitcoin right after it crashed through the $4,000 mark.
At that time it was down over $3,718, about 48% on the day.
Buyers then stepped in pushing the price back over $5,000, a rebound of over $1,000 in a matter of minutes.
Perhaps it is related to liquidity issues and selling as discussed in Bond Market Dislocation: What the Hell is Going On?
There is every reason to believe Bitcoin has more liquidity moments ahead of it.
Bitcoin briefly fell below $4,000 then started a rebound. Where to from here?
I managed to catch a screenshot of Bitcoin right after it crashed through the $4,000 mark.
At that time it was down over $3,718, about 48% on the day.
Buyers then stepped in pushing the price back over $5,000, a rebound of over $1,000 in a matter of minutes.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.