Look at your indicators people, we are overbought on the RSI And MACD momentum is shifting down. Bancor hack just coincided with the drop in price. On the 4hour we are oversold on rsi so we should get a push up to the next 0.382 Fib level then a drop as daily sell pressure will continue. Cheers
Bitcoin is consolidating as predicted, as it does that ETH and other alts will start to rally
Btc has to cool off before rallying again. We just came off a 2000% increase one year ago, so what makes you believe that the market will just rally up again? People have a memory, people still remember these low prices, and only the idiots were buying over 10K, so who's going to buy btc over 10k now? It won't happen yet, not until BTC is hyped again. In my point...