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Bitcoin correction possibly to below 888 Bitcoin is showing parabolic price action that more and more is looking like a huge correction on the hyped-up value it reached near 20k. With little structure available from price action history I looked for possible support levels and I noticed there was a lot of action around 880 and that current price is moving around 8880. Is it a coincidence that number 8 is seen as a lucky number by large numbers of Bitcoin owners? Therefor I expect within the next 20 days a continuation of the a drop of price to below 888.
BITFINEX:BTCUSDShort
by Deep-Peat-Shark
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