I included a link earlier, but generally I mostly/always use Bitstamp. https://bitcoinwisdom.com/markets/bitstamp/btcusd Here on the hourly chart the SMA line nicely rejected the rally from the 10.2K bottom. Edit: We are around 11K again, another buy opportunity.
I normally do double digits daily (equals 2-3 points ES daily). The three digit was one of the few exceptions I have every year. Indeed a lot of money.
$30 + billion in market cap lost on bitcoin last 24 hours!!!!! Waiting for more selloffs. Coinbase must be have a great time these last few days as people rush to the exit.... And of course many bulls here didn't even think bitcoin was going to fall!!!
Looks like the 10K line is defended pretty well, and new buying coming in every time we reach it. On the 5 mins chart it bounced back like 6 times already. (at Bitstamp)
That's where most of the new cryptocurrency buyers came in at around end of November...all those who went in saw their money Virtually double in 2 weeks....most probably didn't sell thinking it was going to go to $40,000+ but now it's 50% lower.....they probably aren't selling and waiting for $14000...$15000 and probably $17,000 to sell... I'm zero % bullish on bitcoin but I bet they jump it 20-30% by end of the week!!!