Bitcoin is heading downwards since it touched the $64,384 high. The instrument was heavily chased by a lot of retails and also Elon Musk was tweeting back then to move prices higher where Tesla bought into Bitcoin too. Since then, there was a frenzy over Bitcoin and it seemed as though everyone was wildly buying it without much IQ in the chart as to where the instrument was. Actually, many big whales were dumping at the high because there was profit taking 2 times together with a 3/4 and chp 4. Soon, it took a while before all that dumping action started to show their true colors and as of now, it's further crashing down. So where is it heading towards? In the short term, it might touch down a little more first before rebounding back up. It might be time to go long for a short term play before selling it back down again.
