The drop from 7700 level(yellow) represented a lack of buyers at that level that necessitated such a decline in price. Price is back at that level after a significant rally in price to a price level where the chart tells us there was a major selling activity.
I for one would not be buying bitcoin at these prices. Wait for price to break 8210 which will signal a...
EURUSD downtrend is intact, A break below 1.044 and price will be in a freefall to parity proper and into the best buying zone(0.99-0.95) for the coming decade. I cannot overstate the importance of the buying zone. We been waiting for these prices since 2004.
Above current price we have significant supply especially around 1.16 area which is what will pressure...
