I expected this correction from the beginning of the week. Btc had gone up from 6500 to 7500 with a very small volume, it was a matter of time to realize that we were in a bulltrap.
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I expected this correction from the beginning of the week. Btc had gone up from 6500 to 7500 with a very small volume, it was a matter of time to realize that we were in a bulltrap.
Agree about the bull trap, but looking at the charts seems like bear pressure is still going down.
It seems to be that it's inevitable to return to the 6000$ resistance
I don't see it that low again, but market is always right. Let's wait and see.