Price dropped massively yesterday to hit 30k which mean more than 50% from current ATH This drop is huge but if you compared it with previous bull runs in 2013 and 2017 you will similar ones and bull market continue
📌What Next ?... On weekly chart we can see how 30k is very important and have alot of supports here
1- In log scale you can see we tested lower trendline of bull run channel that started from march 2020 and still intact 2- In same time we test 50W EMA (yellow line) which held the price for more than 1 year 3- Also 30k level equal 1.618 fibonacci level