Let's zoom out and look at the whole journey of Bitcoin since 2011 on an Heikin Ashi chart. We might think corrections down to 93% is unreal, but look how possible it actually is. Do you see the pattern?
Sure, if you look for hopium, you'll find it. With half of Bitcoin network is now offline, Binance being banned in UK, i don't see any reason for this correction to stop at 50% and even re-visiting 13K doesn't look off the charts.
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