Bitcoin STH RP has turned downward, dropping significantly by 1500 points yesterday, from $85,521 to $84,016.
As the market continues to pull back, it is very likely that STH RP will continue to decline. Currently, MA105 is at $78,583, increasing by over $300 each day. If this continues, it is possible that in one or two weeks, the two will coincide at some position between $80,000 and $83,000, completing the Bitcoin correction.
Originally, it was thought that the support level at $85,000 would be relatively stable, but it now seems that this support level is not so stable after all.