The Bollinger bands seems to be squeezing in on bitcoin as i have seen this pattern many times before, i believe we might touch 30k region again and if that region support holds we should see it consolidate between 45k and 37k for about a week before we can see a breakout, alternatively if 30k region doesn't hold we might see wall-street's 20k region- which i think is unlikely but this is crypto-keep your mind open!
By the Way i think Elon's impact on the price of bitcoin is having less and less impacts unto the crypto space, the crash we saw was bound to happen, it was just a fake-out, Elon didnt really do anything but tweet stupid memes.
Bitcoin can't fail just sit back and ride the roller coaster, cause its going to be a hell of a ride!
we got the fiat currencies getting weaker and weaker and inflation expectations, so i think wall-street is just bagging in our cryptos as their hedge against the incoming inflation, that might cause a great financial crisis!
By the Way i think Elon's impact on the price of bitcoin is having less and less impacts unto the crypto space, the crash we saw was bound to happen, it was just a fake-out, Elon didnt really do anything but tweet stupid memes.
Bitcoin can't fail just sit back and ride the roller coaster, cause its going to be a hell of a ride!
we got the fiat currencies getting weaker and weaker and inflation expectations, so i think wall-street is just bagging in our cryptos as their hedge against the incoming inflation, that might cause a great financial crisis!
