Yesterday I said a drop below $7,550 would be your sell signal. I’ve told you my first buy order was waiting at $6,750. Today price dropped 21%, reaching as low as $6,600 on Coinbase. It then rallied as high as $7,400 before settling down. Currently bitcoin is trading around $7,100. If you did buy the dip, I’d raise your stop-loss and protect your profit.
Looking at the daily chart, we can see price found support right on top of the 21 day EMA. If price decisively breaks below (daily candle opening and closing), it could signal a much deeper correction to
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