shit hit the vent, at least $100,000,000 liquidated in BITMEX with this drop. The chart didn't ignited as I was expecting (massive buy after sharp drop), what lead us to two conclusion:
1. more bears as the BITMEX Fund ignited a mistrust.
2. investors are still assessing risks and want to be cautious, they wanted to drop below 8000, but it didn't happen.
What to do now? BUY IT and place stop loss a bit low, watch it close and react.
7800 is a very very strong support and hardly will have a drop bellow it