Quote from: Zemomtum on Today at 03:22:31 PM

This has been broken and that is what you can obtain from a market that is highly volatile, the price action is mostly unpredictable. I am looking toward 40 - 45K BTC before we can see any major movement upward.

This will be the lowest low for this month, and it's probably can go down to $45k as well.

In any case, I read that Elon Musk statement could have affected the price negatively today. But I doubt that this will have a long term effect, maybe after this down side, we might see another major movement and a good break-out run. And I would say that we don't need to panic, this is just another test. We've seen the price going below $50k this month and recovered. The same thing will happen here.