Hey there Bitcoin buddies, it looks like our beloved BTC is taking a bit of a dive! Down seven percent from recent glory, trading below the 20-day moving average for the first time since March 13. Yikes! But wait, don't sell just yet! Traders can hold on tight and look to sell on every attempt toward $29.6k, as that line marks the highs of the April bull bar. And who knows, maybe this current retracement is just a passing phase, with relatively low trading volumes. Or... it could be a sign of impending doom, with a spike in participation causing BTC to drop faster than a hot potato! Brace yourselves, because $25k and worse could be right around the corner.

https://crypto-economy.com/bitcoin-drops-7-btc-bears-targeting-a-retest-of-25k/