Bitcoin (BTC) price has plunged below the $40,000 mark for the first time in 4 months as bears move to test the 200-DMA near $38,500. More importantly, the $45,000 break activated the head-and-shoulders chart formation, which has a measured target of $28,000.
Comment:
Now, that one was quicky... Insane volatility. Stay on the sidelines.