Hi Hive Friends,
I'm sure many of us are expecting some sort of correction to the crypto market as it has been a crazy fortnight for most of us. The correction seemed to be healthy at first but then it went down further than many might have expected. Checking my twitter feed, it seems like Coinbase was down and their price is lower than many other exchanges causing some false signals for further sell offs.
A tweet from another author earlier mentioned there might be the first one day $5000 candle int he making with BTC loosing $5000 in nearly a day and the chance of it rebounding $5000 was looking positive but due to this technical error, this was never achieved. In fact, it had the negative effect. Great for those who wants to accumulate more BTC but this might have caused some issues trading.
None the less, keep on the lookout for crazy prices during these crazy times. I don't expect BTC will be dropping under $28k but never know in this world what to expect. Stay positive and enjoy the ride.
