The price of Bitcoin has pushed back to $40k. Is Bitcoin about to break $42k and go back into price discovery, creating a new all-time-high every few minutes? Or will this be a dead cat bounce that ultimately takes us lower. We want to consider the downside risk in lieu of the potential short-term ROI. There are certainly always risks involved in these markets. We of course are in crypto precisely because we know that moves like this are possible. TA Video by Benjamin Cowen.
