Re: Its not as bad as it looks

Quote from: rfisher1968 on January 06, 2017, 12:08:26 PM

I went to https://bitcoinwisdom.com/markets/bitfinex/btcusd and looked at the chart for the 1w time interval and this drop looks like a healthy pullback. What do you think?

Initially I thought the same. but with leaving old support 880, we may see it go down futher.
I'm not sure how the first and second events could cause such a big decline but volume keeps pumping (330,652,000) so the weekend may be not for the good.