If we break below this level...prepare for $5,000

What's up guys,

As you can see, if we break below this current level where the volume profile is huge support, then it is very likely we will go to $5,000 because the area in between this range has no significant trading volume.

I am still bearish on bitcoin, but I will be the first to let you know when I change my mind. Just thought this might be an interesting little factoid to share with you guys. Bitcoin has been pretty stable - no volatility - so I would say we are still in a no trade zone.

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-YoungShkreli