Bitcoin! Bitcoin! Bitcoin! Let's study the facts, shall we...
Bitcoin has tumbled and fell 53900 points - that is 77%. While we can all agree that 2022 was a financially straneous year to the bulls and a rewarding one to the bears, I thinks it's about the time the tables turn.
The BTC has found support at price levels @15498.33 reacting with sharp volatile moves...
The dollar currency has showed signs of strength, rejecting price level @100.4815, Which is also the 0.618% (discount) Fibbonnaci level, measured from the January 2018 Low @88.1967, to the High @114.728.
Now we can agree that the Dollar could surge even higher from the price, however the dollar to the rand exchange rate has neared it's 3 month High @18.58420....