Hey,
tested now a couple of times below $30k, their is now doubt that we can argue a bear trend (market) - looking at the past two years, in the search for potential bottom options you can clearly see that the next level of "strong" past fair interest was the $20K mark - but what is if the real chaos starts below $25K and massive sell-off brings us sub $20K? In this case we are back to the famous $10K area... and <300T MC - is this realistic? If so why? Or what makes you so confident that $20K holds the ground?
tested now a couple of times below $30k, their is now doubt that we can argue a bear trend (market) - looking at the past two years, in the search for potential bottom options you can clearly see that the next level of "strong" past fair interest was the $20K mark - but what is if the real chaos starts below $25K and massive sell-off brings us sub $20K? In this case we are back to the famous $10K area... and <300T MC - is this realistic? If so why? Or what makes you so confident that $20K holds the ground?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.