June 2023 So Far, Bitcoin Wrap-up Part 1 - Live E350
Bitcoin & Markets
Bitcoin Price Moves Down Towards $25,000 Mark
There are problems with government statistics, at least from the US. But if we know those problems, then we can use them to inform our theory still. If it breaks down below the 128 day purple line price has a date with 25,000. All dips should be looked at as a by the dip opportunity here. I really do not see the overall amount of selling that would be needed to sustain a lower price. The Bitcoin price is set. The last Satoshi sold. It's going to chew through that order book rapidly. And you'll have a price spike down but to maintain supply guys, you need to have consistent supply.
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