Welcome to PipEze daily BTC report.
It’s now 3 days in the row since BTC dropped. Yesterday’s close price was $45900 which is $2200 less than the recent highest price. PipEze Price Movement Benchmark on daily chart was signalling exit point at $44900 and with this pace of price dropping, Bitcoin soon will reach that level again. Hourly chart is showing early signs of possible local recovery, but it is still too soon to say that with confidence. On the positive side, this kind of price drop is nothing unusual. Some buyers leaving market and securing their profits. If you still holding, please watch market closely as any bad news can make BTC really unstable now.
Well done everyone.
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