Bitcoin took a 1.5% dump overnight and the entire crypto market suffered. The price is now trading at about $6420. Back inside the horizontal range that has been apparent for weeks now. I expect some consolidation before a further leg down or reversal up.
Its definitely apparent that we are still in a sideways trend. This is what accumulation looks like in markets boring, sideways moves. Its how markets shake out the weak hands and force people to lose interest. Theoretically, if Bitcoin was to drop below $5.8k, the bear market would be extended much further into 2019.
This would be a massive shakeout. We at Adomium are prepared for any situation. Our bots don't have human emotions and run off straight math. Got to make it happen one way or another. <br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://adomiumsolutions.xopus.io/?p=18 </em><hr/></center>
Just found out about your service, Looks Cool!
https://www.adomiumsolutions.com/
I have BTC charted to break below $5800
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