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Is Bitcoin here and gone, fleetingly? No matter how many times—rebounds will just fizzle out!
At least for now, as the news flow calms and gets digested, today gold and silver continue to come under pressure and keep falling. The Japanese and South Korean stock markets are also down, even triggering a second circuit breaker—so the crypto market continues to look like it’s heading lower.
So, around 64188/1818 today, you should have already reduced some exposure to look for downside; of course, if you can’t hold, you can also exit.
Today, watch the support around 62k/1730.