Further to my last post of October 20 and update of November 2, a bearish “Shooting Star” candle formation is in the making on this Monthly chart of BITCOIN…warning signs that we could see a further sell-off to, potentially, the 5000 level, which is the nearest support level.
Volatility is no stranger to this crypto-currency, as price has plunged nearly 1400 points in the past eight trading days, and I doubt that this will change any time soon.
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