Bitcoin is in Double Trouble. In one go it managed to blast though the and the support lines drawn on the chart. The move is accompanied by such force that it could pierce through the strong support located at $30k in a matter of hours.
After the $30k, there's not much to stop Bitcoin from falling further, the next strong support would be located around $28k. It seems that Bitcoin is finally correcting after months of sentiment.
A more positive note would be that after last time's big correction in 2018, the alt-coins mooned, so we might be in for a treat soon.
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