Bitcoin’s sudden 5% drop to $41,500 raises questions about liquidity after a prolonged bullish streak.
On Friday, we posted this setup for subscribers.
We called for a move back into $41,500 support where a higher low could form.
$41,500 marked the EXACT low of the decline just now.
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— The Kobeissi Letter (@KobeissiLetter) December 11, 2023