
Bitcoin Crashed - What is Next ? Technical Analysis
The Bitcoin price is trading at $9,556 at press time, marking a 6.34% price decrease. All the major cryptocurrencies like BTC, ETH and XRP dropped sharply in price. Within 35 minutes bitcoin dropped by about 6%, falling from over $10,250 to $9,650. Bitcoin is now getting support at $9400. Now 3 important things to consider as Technical analysis :
1. Bitcoin has support and reversal from 0.382 level according to one of the important trading indicator fibonacci retracement. Bi