Gareth Soloway recently expanded on his BTC 20K accumulation opportunity trade. Of particular note was the the 50K resistance area. If BTC trades above that area for several days, then a second leg up to 60K is expected. If it gets quickly rejected, then he's confident another big drop to 30K and then 20K is in the cards.
Others like Chris Vermeulen anticipate expect BTC to fall lower into the mid teens. Either way, this would be a major accumulation opportunity with cash on hand.
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