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RE: Update: Bitcoin falls all the way to $3,600
There is now a potential for this to be the capitulation we needed! Looking forward to seeing volume come back on Monday and see how it takes the new price... As financial markets flee stocks and bonds for risks to earnings and economy, we could watch some “parking” of assets in cryptocurrencies...
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The price is certainly getting there, but the volume is not really there yet. Usually there is massive increase of volume as prices go below where anyone expects them. I am fearful it may be a lot lower til that moment... unfortunately.