@Fartman actually it's less than 30 mins after this post. But I am looking at the chart and don't even know why myself. It broke rising wedge but it was hours ago and correction shouldn't be this deep
FindTheSun
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@Vestige, 9 AM EST stock markets opened and there was general sell off across the board, stock market so far been correlating with bitcoin especially during these tumultuous economic times and fed news
SimpleTradezz
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@Fartman, nothing new, it just failed to cross 55ema again and will try again today. Calm down, lol.
FindTheSun
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@Fartman, it turned around because stock markets opened in US and bcuz of Fed and general economic situation there was sudden sell off across all markets, Bitcoin was pumping at that time but exactly at 9:30 AM EST it abruptly dipped, to be expected
kimstandgraph
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Good
AliPou
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Alan, what do you think now? are you still thinking it will go to the 48000 or it was just a dead cat bounce and we will return back to 40000 support?🤔
peterbhc
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Another flag consolidation, very bullish. Great Work!
irishtoffy
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That is one over complicated chart.
AliPou
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I really hope Alan to be right here and today's sell-off to be just the Handle of the cup that he showed! It really all depends on Whales now! during the last two previous days whales did some purchasing that was positive for BTC, changed the sentiment, and followed by people as Nasdaq also confirmed it and went up as well. However, today, Nasdaq lead the sell-off and whales didn't take any action or maybe even sold gradually in to the Market. What do you think about tomorrow? Do whales push the price again? does Nasdaq will turn positive tomorrow?