Bitcoin lost more than $7,000 in a few days and dipped below $60,000.
Ethereum also went down hard after failing to chart a new ATH.
Following the past several days of surging higher and higher,
BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly.
Most altcoins followed suit, and the entire market cap lost more than $150 billion since its peak earlier this week.
These has populated the market with down trend in short interval.
Let see what the next SL will spot out.