Hey guys,
yesterday sellers continued to sell off, I closed intraday bitcoin trade by stop and fixed about 8% loss. At the moment the price is at a pretty strong support of 65-63 K, which the price may test. In case this support is broken, the next strong zone is 60K, which the price will test. We talked about the potential risk of a correction in the weekly bitcoin review, let's see if the current -10% is a local correction or a more medium term trend reversal.
Stay tuned.
