About three days ago many people considered that the Bitcoin market was recovering from the price fall. However, the actual indicators instead pointed towards an expected fall. Accordingly, investors were suggested against “buying the dip” for the next 72 hours. And, since the price fell down, the pertinent question remains- how far will Bitcoin fall?
Surprisingly, over the last 10 days, BTC fell by 15.24%, with 11.1% of it coming in the last three days exactly. Even though at the time of analysis, the candle was green, investors should not be expecting the price fall to halt.
Curiously, price indicators still continue to remain bearish. The Awesome Oscillator in fact turned “bearish bearish” today as the bars flipped below the neutral
Read more on ambcrypto.com