fairway72

Nothing to worry about; crash is just a trendline test.

Long
BITSTAMP:BTCUSD   Bitcoin
The 5/9 flash crash bottomed perfectly at the resistance-turned-support yellow trendline. Strong buying at this point indicates further upside. My personal feeling is the crash was just whale selling in an effort to shake out stop-losses and gobble up more coins pre-bull run.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.