Bitcoin's fallback from the 200-day moving average increased speed in the last day, suggesting that a decline to $7,500 is in the cards
Asmall doji candle at the moving average resistance on Wednesday, indicating indecision among the buyers.
Prices then dropped below support of $8,750 yesterday, opening the way for a lower pullback.
BTC hit a low of $8,333 on today and was last at $8,560 and poised to drop.
Asmall doji candle at the moving average resistance on Wednesday, indicating indecision among the buyers.
Prices then dropped below support of $8,750 yesterday, opening the way for a lower pullback.
BTC hit a low of $8,333 on today and was last at $8,560 and poised to drop.
Nota
Ten minutes until collapse of BTC. 1000 point drop coming.
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