Bitcoin Price Watch; Beware The Correction

In yesterday evening’s bitcoin price analysis, we highlighted the fact that bitcoin was closing in on $10,000 and that, if we saw a break of that level, there was a good chance we would see a considerable degree of follow-through on the back of the break. Why? Because this sort of action nearly always translates to some psychologically driven loading and the fear of missing out causes fringe participants to pick up positions.
What we didn’t predict was just how far this follow-throug