Bitcoin price is witnessing an applaudable retaliation following the monsoon-style crash experienced earlier in the week. As the price ascends, investors question whether or not a secure market bottom is in. Key levels have been identified to gauge BTC’s next potential move.
Stellar price appears to be crawling back from the abyss after massive widespread declines were witnessed across the crypto market. The cross-border money remittance token tagged support at $0.0796 before rebounding to trade slightly above $0.1000.
Cosmos (ATOM) price action has undergone a sharp correction of almost 35% since Tuesday. Titles like the Texas Chainsaw Massacre, IT or Terrifier 2 come to mind if the meltdown needs to be compared with a movie genre. It also fits the price action as traders were not surgical but simply chopping and axing their positions out the door.
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