Shorts are JUBILANT right now over the big drop, but it's just the result of one moronic whale selling $50 Million all at once (or scammer selling). These big drops are NOT part of any kind of trend or chart analysis, they are anomalies! But shorts will use them to push FUD so watch out! If Bitcoin had consistent losses over a few days, then you can begin to make a conclusion, but NOT due to ONE $1000 drop that happened over a few SECONDS. Don't buy into the FEAR, or the FUD. Bitcoin is strong until the end of May. (Get out by May 29th, though.)
It may go green tomorrow since we are down too much in a day. But not for long I guess. It still has some room for down. I just don't know how much though.
Crypto_Notes
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This sounds so ignorant^^ FOMO took you?
But yeah, ah 1,2k CME Gap could hurt.
How about a normal retracement, FIB levels fit perfectly