The BTC/USD has fallen a bit during the trading session on Thursday as we continue to flirt with the $20,000 level and try to figure out where we are going next.
Ultimately, this is a market that I think given enough time will have to prove itself but right now I just don’t see how that’s going to happen.
Risk appetite has been destroyed, and that is not going to be an environment where crypto will do well. After all, the $20,000 level will attract a lot of headlines, but at the end of the day, it’s just another number.