HTF 1W: Weekly candle closed over 50-week average after price shock showing off rapid decline of 15-20% on an hourly session. Total drawdown measured from the peak places it near -40%, which historically had happened before several times. During the last bull market of 2015-2017 the traders saw multiple 30-40% retracements happening successively on the … Continue reading Daily Report – Bitcoin and Market Update (December 6 2021)