Bitcoin price falls nearly -11.76% in a matter of hours
What do you think, will it recover?
Of course, it will recover. I am not too worry. It seems, bitcoin already makes the correction for the price and now, the price trying to increase again. But we still at a low price than the last higher price and I hope it will be back to the higher price in the next weeks. If you already saw what is happening in a few days ago, bitcoin can increase in a shortly and now I think the situations is almost the same as before. So we have the opportunity to see the bitcoin price will increase.
How can you say that? a double top on the bitcoin chart is an extremely bearish signal. This means bitcoin will go lower and altcoins will now rally.