[Crypto-Tangent] Bitcoin Now At Four-Month Lows: ~$18,500…

Here in the wee hours of Monday morning, Bitcoin spot prices (likely due to the tandem swoon of ETH, post merge) are now below where they last were on June 18, 2022.

In any rational world, Riot should trade down at least the eight per cent or so that Bitcoin has fallen through, when the NASDAQ gets really rolling, at 11 am Eastern Monday.

We shall see, but clearly there is more downside risk near term, than the tiny risk of “missing the bottom” (for the odd long player, looking to buy back in, on either Bitcoin or any miner — Riot Blockchain included).

Hilarious!

नमस्ते