Bitcoin won't find support until is breaches $10k

The great unwinding of excesses after the COVID crisis continues. Bitcoin will not attempt to find support until it reaches $10k or lower.

The US/Global markets may continue to trend lower as well as Q2:2022 earnings/revisions are likely to SHOCK trader's expectations.

Now is not the time to be buying anything (IMO). Smart traders understand the risks related to Q2 earnings/revisions and will wait out the revaluation event.

July 26/27 looks to be the end of a major price cycle. I suspect we'll see a bottom sometime near then.

Stay cautious and follow my research.