It is amazing that no bull is defending the battle by pushing it up, Its 180 degrees move from early morning pushing to 126..Those asians are nuts!!
perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.
I Agree. And personally am one of them
At 100-105 there is no way it will return and stabilize at 120 again, maybe around 110 but not 120. After each push back a new lower support is formed, which would confirm a slow slippage downwards
We just went from $50 to $165. "there is no way" is famous last words predicting the Bitcoin market.
once bitten, twice shy. The situation has changed, and i was talking very short term, as we already bounced back once on a now bearish market.