What is the way forward for $BTC ?
By the wake of today's early hours, BTC price drop shook the crypto community as the effect were spread across many dependent coins including the ALTS.
No matter what coin you may be investing, you will want to pay attention to what goes on with BTC.
Analysts at ThrivalBase were paying keen attention to the BTC chart yesterday, and find a very clear direction hidden in the weekly chart of BTC to the down side.
The coin had earlier touched 71,000 as the second attempt to break out of its huge consolidation , but got rejected in the process.
That rejection is soo pronounced and can not be overlooked. Today , BTC dropped to 65k signaling the beginning of a crash after the display of a rejection bar in the weekly.
For the rest of the week, we may see further decline towards $60,500 as bulls continue to lose its long held energy .
