Jefe

BTC Moon Dream Dead Below $8k

BITSTAMP:BTCUSD   Bitcoin
Bitcoin has to remain above $8k for the bullish case to hold any significance. If we see a break below the ascending channel, forget about the moon dream. BTCUSD will not be rallying towards a new yearly high in that case. Quite to the contrary, it will be heading towards a new yearly low which I expect to be sub $3k.

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