NEW QUICK VIEW (@ 2021-03-21 02:54:49)
Crypto price action this weekend hasn't been exactly great with Bitcoin down to 57K right now and not looking super strong. In general markets as of late haven't been helped by a stronger dollar (since early January) and rising rates. About a month ago Bitcoin pumped hard to 60K and since then has not managed to shoot through it. I'd suggest caution here. The 20 day moving average (middle of the Bollinger bands) sits around 54.5K where we should find support. If that fails, we could have more room to fall to anywhere between that price and the bottom of the S2F multiple ($41,000 currently). That would be a massive buying opportunity. -LSS Investment Team
