Commentary

Bitcoin Drops To 19k As Liquidations Threaten Further Pain

Nick Illston · 18 June 2022 · 1 min read

From this morning’s market wrap:

“The bright spot right now is that BTC continues to hold a 2-handle, though that may soon come under pressure. Read the commentary below for more details.”

Bang on cue we are at 19k.

This is obviously not good, but at least you know that the CCC is ALWAYS ahead of the game.

Cascading liquidations might cause some more pain.

Me, I just keep buying and I am enjoying the cheaper prices (NOT investment advice).

Commentary