Bitcoin will double the fall so far - 30k soon- chart seems to suggest. Long term log charts also showing support around 14.5k levels. Hasn't proved to be a hedge against inflation--US inflation is high and BTC seems to be searching more ways to go down. Any bounceback should be a good excuse to park funds in equity (available at a bargain) or sit with bonds. What do you think?
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.