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Should we exit? Did it just break down or was that panic sellers only? @Ajion On the daily there's bearish RSI and MACD divergence. Thoughts?
Ajion
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@aidanb, Well, that is your answer right there. Profit taking, weak hands, buy the rumor sell the news.
Plus, i am sure a lot of people want the price to tank lower, so that they can get in cheap. We ares still 3 days away, from magic announcement, that could be a hype.
Bull trend was broken also, that is not too good. We still plenty of support points.
I would wait a find a good entry position now, cause everything is pointing to a big sell off right now. Me might hit 900 satoshi, or 760.