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: https://twitter.com/EdgeBitcoin/status/1290344561320091648/photo/1)

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