• EliteOptionsTraderEliteOptionsTrader
        ·08-19 13:53

        BTC: The Price is Off 50%, Why Nobody's Buying?

        Everyone begged for a $Bitcoin(BTC.USD.CC)$ dip. It's here, 50% off, and nobody's buying. $Bitcoin(BTC.USD.CC)$ is back above 64k, up from the 58k low it tagged in June. It's sitting almost 50% under the October ATH near 126k; the exact discount everyone said they wanted. If bulls can push it back above 74k it'll signal a more risk-on environment for crypto and broader markets as a whole. If it stays under 74k crypto will continue to consolidate. If $Bitcoin(BTC.USD.CC)$ fades under 60k and trends towards 50k, it could trigger another larger selloff within crypto. Key Catalysts ETF flow reversal: S
        45Comment
        Report
        BTC: The Price is Off 50%, Why Nobody's Buying?
      • EliteOptionsTraderEliteOptionsTrader
        ·08-19 13:53

        BTC: The Price is Off 50%, Why Nobody's Buying?

        Everyone begged for a $Bitcoin(BTC.USD.CC)$ dip. It's here, 50% off, and nobody's buying. $Bitcoin(BTC.USD.CC)$ is back above 64k, up from the 58k low it tagged in June. It's sitting almost 50% under the October ATH near 126k; the exact discount everyone said they wanted. If bulls can push it back above 74k it'll signal a more risk-on environment for crypto and broader markets as a whole. If it stays under 74k crypto will continue to consolidate. If $Bitcoin(BTC.USD.CC)$ fades under 60k and trends towards 50k, it could trigger another larger selloff within crypto. Key Catalysts ETF flow reversal: S
        45Comment
        Report
        BTC: The Price is Off 50%, Why Nobody's Buying?