Graphic tradingview.com
Don't panic. This descent was obvious enough.
However, if you are in a bad position, there is no reason to worry about it. Why? Why should we see a rebound from the $ 54000 - $ 55000 support level to retest at least the $ 58000 - $ 59000 resistance.
To sum it up: I bought a few $ BTC near the $ 54500 support level. (Risky trade)
This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.