Is BitCoin Headed For A Retest

• Bitcoin hit a high of $64,899 on 4/14/2021.

• Over the next 35-days, high to low= -53.77%

• The high today was 44,000 & the low was 30k, -31.8%, basically a 1987 style type crash.

• Major Crypto exchanges were down.

• Monday, October 19, 1987, is known as Black Monday.

• The stock market fell more than 20% in a single day.

• Many years ago, big stock market corrections had a habit of testing and at times undercutting the big panic sell-off day a month later or so.

Take a look.

1987

1990

1998

2002

2008

2010 Flash Crash

2011

2021 Bitcoin?

This is not a prediction.

Anything can happen.

But chance favors the prepared mind.

Stay connected;

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