Bitcoin: What Worries Me and EXCITES Me Right Now

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Bitcoin: what worries me and excites me right now. Bitcoin has once again dropped to near the April and May lows at the 30K to 29K range. A bitcoin bear market could be confirmed if we break below both the April-May support lows (which has not yet happened). However, there are other major risks that bitcoin could face in the weeks to come. For example, the action on the major stock markets could likely have a big impact on bitcoin and crypto. What could happen if the S&P 500 breaks below its June lows? Could it potentially drag bitcoin lower towards the 20K level? We look at the charts. #Bitcoin #BTC #AlessioRastani

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Market Analysis

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