With Bitcoin prices down 12.68% in the last 24 hours, and that doesn't include all the days before, Could November, 2017, highs be Bitcoins underlying support for the moment. Looking at the chart it appears that prices have reacted to price levels that in November acted as a temporary ceiling before prices soared to All-Time-Highs. The whole world sits on edge now as we wait and see if this is the bottom could that trendline coming up and intersecting the last several days price actions give us a clue. Or, will prices continue to correct and fall to the $6,000+/- range?
Nothing like the "wait and see" game.
Above opinions are those of the Author and do not constitute investment or trading advice.
Do your own research.
