Bitcoin price falls nearly -11.76% in a matter of hours
What do you think, will it recover?
bulls were overzealous and over-leveraged long. weak hands got stop run and margin called. life goes on! it dumped a tad harder than i expected, but there's still a good chance this is just a short term shakeout and the market will remain bullish.
there was massive volume when the last low from earlier today was undercut. if we can just get above ~$11.6-11.7k there should be a nice recovery into the $12000s.