#BTC

There is indeed a “breakthrough” occurring, and the bears have reasons as well. But I’m not that pessimistic.

It didn’t get through three times—that’s true, but it doesn’t mean it has to be driven straight down to 48K. There is also a consolidation zone in between; it won’t just fall freely all the way down.

I tend to first watch how it performs around 64K. We’ll deal with what comes next once we get there.