BTC USD no bs assessment

2020年6月15日

Bitcoin seems to be in another "decision time" moment and this could propel bitcoin towards a hard rejection towards 8k or another retest of $10,000. Either way, price-interaction with both these levels will dictate what btc does from there. I don't see $10,000 holding as resistance again if btc revisits this area. In the same sense, I do not see $8,000 holding as support either for a variety of reasons. This is a make it or break it for the bulls. Neutral but prepared for both scenarios. If btc breaks bearish, it's just delaying the inevitable.

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Nothing I say here or anywhere is financial advice. Take care of your money.