It seems like Bitcoin will head below $9,000 easily taking out the alts with it. While many said it was alt-coin season, it is proving otherwise.
Clearly, there is much more room for declining prices. RSI for ADA is still high enough to sell. The MACD and Histogram are showing that they are entering a bear market and selling will resume.
Can things change? Absolutely. But, selling and buying back in is now a logical option as it doesn't seem that Bitcoin or Alts are done selling off.
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Bitcoin has broken below $9,000 and will continue lower.