This has never happened before in bitcoin’s history. Bitcoin’s recent drop and crash reached a key technical level. It is a level that we were anticipating using the fibonacci retracement tool. However, there is another interesting fact that we spotted on the chart of bitcoin that has never happened before – potentially indicating extreme oversold conditions. We also discuss whether bitcoin has entered a “bear” market. Should we use arbitrary numbers to call a bear market on the chart? We look at the facts. #Bitcoin #BTC #AlessioRastani
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