Starting to become more confident that 40K will be the floor here with upside to 54K in the next 2-3 months.
Fundamentals- I believe defi on BTC will be the next catalyst.. Very small right now, STX is leading the way. A great article i came across today
www.hiro.so/blog/bit...nto-trust-less-swaps
Chart wise risk to reward seems to favor the bulls at this point.. upside to 54K vs 40K downside.. If btc breaks though 46K things become a lot more bullish.
Fundamentals- I believe defi on BTC will be the next catalyst.. Very small right now, STX is leading the way. A great article i came across today
www.hiro.so/blog/bit...nto-trust-less-swaps
Chart wise risk to reward seems to favor the bulls at this point.. upside to 54K vs 40K downside.. If btc breaks though 46K things become a lot more bullish.