Crypto Assets Attempt To Form A Bottom Now That The Bitcoin Halving Event Has Passed
mattersofmoney.substack.com
After last week’s sharp correction, crypto assets have stabilized and appear to be attempting to form a local bottom. Bitcoin, for example, managed to bounce after testing support around $59-60K and rallied all the way up to $67K before correcting to around $63K as of this writing. The question facing crypto investors is whether last week’s lows can hold, or whether prices break lower and experience a longer and deeper drawdown.
Crypto Assets Attempt To Form A Bottom Now That The Bitcoin Halving Event Has Passed
Crypto Assets Attempt To Form A Bottom Now…
Crypto Assets Attempt To Form A Bottom Now That The Bitcoin Halving Event Has Passed
After last week’s sharp correction, crypto assets have stabilized and appear to be attempting to form a local bottom. Bitcoin, for example, managed to bounce after testing support around $59-60K and rallied all the way up to $67K before correcting to around $63K as of this writing. The question facing crypto investors is whether last week’s lows can hold, or whether prices break lower and experience a longer and deeper drawdown.