The current daily candlestick looks quite ugly but judging by today's worldwide focus on Bitcoin we may still avoid a correction. Many exchanges were down because of massive buying mania. But once the buyers lost the momentum the market created a good opportunity to short.
Nasdaq announced it wants to introduce futures too and the future of btc still looks bright. Keep an eye on the trendline.
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Keep in mind that the MACD is unfavorable and RSI is oversold so this is not really a good place to open a position - just a suggestion that hodlers can sleep without worries.