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Bitcoin Continues to Implode
Bitcoin plunged again during the trading session on Wednesday as we continue to see a lot of selling pressure. All things being equal, this is a market that is going to test the hammer from the previous session, which suggested that we might try to turn things around as we formed a hammer, but now it looks like we are doing everything we can to break down through the bottom of that hammer.Breaking through the bottom of that hammer opens up a move down to the $83,000 level, an area that previously had been resistant, and you should see a certain amount of market memory in that area. With that, I suspect that you are ... (full story)
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Nov 21, 2025 3:35am
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From fxstreet.com | Nov 21, 2025
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