In the blink of an eye, the price has dropped below $60,000.
A sharp correction. In just two weeks, #Bitcoin has fallen from $98,000 to $60,000. Currently, the 200-week MA line is below us, and everything depends on the coming days/hours. Since the hourly candle below $60,000 has the highest trading volume, it can be assumed that we have bottomed out there, at least for now. If the price can rise slightly, we will see a large wick. Just like what we often see in surrender events.
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In the blink of an eye, the price has dropped below $60,000.
A sharp correction. In just two weeks, #Bitcoin has fallen from $98,000 to $60,000.
Currently, the 200-week MA line is below us, and everything depends on the coming days/hours.
Since the hourly candle below $60,000 has the highest trading volume, it can be assumed that we have bottomed out there, at least for now.
If the price can rise slightly, we will see a large wick.
Just like what we often see in surrender events.