Bitcoin just broke support around $46k and is making a lurch lower...

What should be a surprise to no one at this point, bitcoin is heading lower.

The support levels did not hold and bitcoin is making lower lows.

Here's the latest:

(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)

What is going to get bitcoin turned around? I'm not sure...

The macro environment is suddenly terrible for bitcoin and the institutions that bought it last year are suddenly no longer interested in holding it.

Wake me during the next halving...