There was additional bearish divergence on the #Bitcoin daily chart. Meaning price put in a higher high while RSI put in another lower high.

Caution: #Bitcoin daily chart has bearish divergence.
Some things to consider on divergence....
1. There could be additional divergence meaning higher prices in the shorter-term.
2. RSI could throw a curve ball by closing higher & eliminating the divergence. (although less

Jesse Olson

Twitter

Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

Bitcoin's fundamentals have never changed; what has changed is its price in a continuously depreciating fiat currency system.

The real risk of Bitcoin is never price pullbacks.

Author: Nancy, PANews
Original title: No Black Swan Events, Four Atypical Guesses About the Culprit Behind Bitcoin Overselling
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A black swan-style crash has arrived, but we haven't seen where the black swan is, which is even more unsettling.
Almost without warning, Bitcoin suddenly plummeted, entering its third-largest oversold zone in history, causing both long positions to collapse and psychological barriers to fall. This has left the market perplexed...