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RE: CALM DOWN! Bitcoin should find support at $6,000! This dip is necessary!
This dip was not necessary, Bitcoin was growing great. It is due to exchange hack
This dip was not necessary, Bitcoin was growing great. It is due to exchange hack
in my opinion, it was very overbought on the RSI on 12HR and 1D charts. This is just one indicator, but in the past, it has proven to be a good one. And the exchange that was hacked was bancor....which is a trash exchange with less than 1% of the trading volume for the the entire market. So, no it was nothing to do with the exchange hack.