Bitcoin already retaking much of the drop

in LeoFinance4 years ago

Well that was fast

Bitcoin is already taking back much of the drop from the other day.

It dropped from $12,200 down to about $10,600 and now is all the way back to $11,400.

It's $800 off the lows and $800 off the highs.

Decision time:

(Source: ~~~ embed:1290344561320091648/photo/1) twitter metadata:RWRnZUJpdGNvaW58fGh0dHBzOi8vdHdpdHRlci5jb20vRWRnZUJpdGNvaW4vc3RhdHVzLzEyOTAzNDQ1NjEzMjAwOTE2NDgvcGhvdG8vMSl8 ~~~

This would be a 50% retracement of the drop, where do we go from here?

If we can break $11,500 I think we will be good to go to take back the entire drop.

What do you think?

Posted Using LeoFinance