Yesterday Bitcoin unleashed a nice drop with volumes lower than those of September 7 (More extended). At the opening of today's new candle, there was a very strong descent immediately, up to an old support which returned to current 40300.
The prices immediately rose and repositioned themselves above the 200 EMA, next resistance 43200.
Today a lot of attention because there could be sudden changes of direction: the prices are trying to settle down. As usual, I enter levels for intraday trading.
The dominance of BTC has dropped to 40.70 The Fear and Greed index is at 27
Happy trading everyone.
Chart from tradingview.com
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