Is This a Reversal Warning Sign for Bitcoin?

Bitcoin is currently below $10,000.

If you are a chart technical analysis guy, yesterday’s bar looks like a Japanese candlestick Doji, which typically sends a possible reversal warning.  From yesterday’s high to today’s low, Bitcoin is almost down $2,000.  Of course, today is not over yet and anything could happen.  For now, based on the 2 long shadows from today’s and yesterday’s bars, it seems to indicate $10,000 is a sweet spot for many investors and speculators to unload their positions.

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