Very speculative but not out of pocket a flash manipulation by BITMEX Fund to liquidate some poor souls LONG positions. They did it before many times and is justa matter of time to repeat, as the HALVING is comming and with really good spectations, BITMAX fund may trigger us in a very sharp drop and really ignite the chart for the HALVING Party.l
1. more bears as the BITMEX Fund ignited a mistrust.
2. investors are still assessing risks and want to be cautious, they wanted to drop below 8000, but it didn't happen.
What to do now? BUY IT and place stop loss a bit low, watch it close and react.
7800 is a very very strong support and hardly will have a drop bellow it