Hello traders,
One of the 2 options confirmed last time: ABC correction.
Yesterday the price was very confusing, I almost missed what happened. With the big correction now it makes more sense, also confirmed by Fibonacci retracements levels.
2 learnings:
1. Always check other people views, how they see the market, how they will react to a change. And not only your view
2. Take considerations that other might react to news, (ex. Mt Gox selling bitcoins), after 1-2 days.
Video:
https://youtu.be/_wIq7e4JFc4Let me know what you think