It could very well bounce around depending on what happens regarding TradFi. However, if it loses support it could drop as low as $2400 to $2500. I guess an ideal situation is a bounce from here or possibly the higher end of the $2800 level.
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The market is waking up to the fact that the economy does suck, contrary to what the brainiacs were saying.
Of course, markets turn quickly, much faster than the economy.
#crypto is still risk off.
Yep, TradFi has been a potential problem looming in the background. The background is now coming to the foreground. Amazon losing 10% in a day is massive...
Yes. Chips got crushed.