Bitcoin support at $16,000 , can it hold??

The volume on Bitcoin is dropping as it looks to retest the support at $16K.

I am not confident that the support is really going to hold as more bad news for the crypto market occurs , e.g Blockfi will definitely be filing for chapter 11 bankruptcy.....

I am continuing to mine but am not committing new funds to crypto or nfts until the coast is clear on the crypto market..

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