In light of all that has happened today regarding Bitcoin dropping roughly $700, This is in fact a very healthy thing for the market to do.
Bitcoin was WAY too overextended and when this happens, it gives all of our technical indicators a chance to reset somewhat.
I have added a few annotations on the chart for things to look out for,
But in the long term, things are still looking amazing!
Lets see how the next few days play out to try to give an update as to where things might go from here on out
Bitcoin was WAY too overextended and when this happens, it gives all of our technical indicators a chance to reset somewhat.
I have added a few annotations on the chart for things to look out for,
But in the long term, things are still looking amazing!
Lets see how the next few days play out to try to give an update as to where things might go from here on out