We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.
Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?
anyway if i get stuck in a very high coin price then i will still keep my coin because if i sell it then surely i will get a lot of losses, i keep confident that the price will surely rise if this goes down this seems only price correction only and still can go back up, patience is very important and highly tested when faced with problems like this.