Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
The last multiple times the shorts looked this much, both recouped about half of the fall previously. Which returns us at about 4.9k tops previously we go down once more. Accepting the cycle rehashes. Clearly this won't occur in a couple of days.
Yeah can't be determined yet since we're too close to the holidays. We could be staying under 4k until the year ends where real movement may commence. One thing bugging me is that we were stable around the 6k range for more than a month and the next movement was a steep decline.