That move was all about

    Bitcoin Daily Updated

    Posted by chartboy on 12th of May 2021 at 08:39 pm

    That move was all about taking out the stops below the old swing low at 47000 ish. As a general rule, you wont see a decline like that run to a fib retracement (42000) when there are no recent swing lows near by with which to trigger stops to cover short positions with. 


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