Viewing a response to: @sumeetsharmajmu/re-james318-calm-down-bitcoin-should-find-support-at-usd6-000-this-dip-is-necessary-20180710t140304312z
in my opinion, it was very overbought on the RSI on 12HR and 1D charts. This is just one indicator, but in the past, it has proven to be a good one. And the exchange that was hacked was bancor....which is a trash exchange with less than 1% of the trading volume for the the entire market. So, no it was nothing to do with the exchange hack.
author | james318 |
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permlink | re-sumeetsharmajmu-re-james318-calm-down-bitcoin-should-find-support-at-usd6-000-this-dip-is-necessary-20180710t141306720z |
category | bitcoin |
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root_title | "CALM DOWN! Bitcoin should find support at $6,000! This dip is necessary!" |
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