Looks like a bunch of over-leveraged longs got their a$$es handed to them by the shorts...I said it would happen close to 50K, but I thought we might at least tap that in the next day or so. Be ready with fiat to buy the dip if you have that available, we can go much lower from here based on those candles. Perhaps a CME contract expiry thing going on, not sure.
Those large red candles and the speed has me worried to be honest, but the larger the dip, the better the value of a buy.
Those large red candles and the speed has me worried to be honest, but the larger the dip, the better the value of a buy.
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I would get a bit worried if we were going below 43K...