Welp, so apparently the bottom wasn't actually in, as we actually tapped $18,700 on FTX and I wouldn't be surprised if we go lower once US peeps wake up. 🤷♂️ Oh well.
Oh shit, maybe we should get ready for $17K - $16K or maybe $15K. We're still pretty close to those numbers and it certainly shouldn't be a surprise.
I'm not very good at drawing on charts, but it looks like the red block will soon fill with panic traders considering the current bitcoin price is $18.5K. Even if the price tries to recover, but the possibility of a decline due to panic is still very possible at this time.