There just isn't enough volume for a breakout to occur over the downward pressure. The next 24-48 hours will tell if this pattern is reversed. With the IRS demanding records of crypto PURCHASES, I just don't see this happning.
If we don't stop this long-term trend, then by the last part of Feb we will be back to pre-oct '21 prices.
If we don't stop this long-term trend, then by the last part of Feb we will be back to pre-oct '21 prices.
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