Bitcoin update. BTC-USD on November 20, 2018
November 20, 2018
#BTC
The current wave of panic is very similar to the February panic at least 5800 dollars. The fall continued for 7 days, and on the 8th day we saw another failure followed by an impulse rebound. Today is also the 7th day of the fall, if we continue to decline, it is very short-term and with a subsequent upward momentum. There is a chance that we have found the bottom. But this probability is extremely small, most likely we are now seeing the usual correction of the fall, the number of shorts is growing strongly, as well as the number of liquidations. The bottom will be when everyone is shaken out, maybe it will be 3800 or 3000, it is too early to talk about something, you need to observe and work with the feet.