Forex BTC/USD Daily Video, May 24, 2021

[Sive Morten]

Good morning,

We think that current level is good for long-term coins accumulation. If market is bullish indeed it has to stay above 25K area. Our central scenario suggests slow recovery to 50K area:

 

[Brett Reynolds]

My Crypto Portfolio dropped by almost 50%.! Am i concerned...'NO!
In my opinion it was 'inevitable' that the powers that be had to try to shake out weak Hands. It's pretty obvious that Bitcoin could not continue that Parabolic rise during 2020/21 without some Pullback etc. The same thing happened in 2017. ....As for what the Chinese say about Crypto and Bitcoin...i take this as manipulation as they want their 'Yuan Coin' to be the Worlds dominant crypto currency!