Bitcoin price has lost 14% or $1,236 for two days. It could be attributable to a correction before a new growth, but the downside candlestick is assumed to signal that somebody has sold large block of coins, purchased in 2018 for $8,400.
He waited for increase of buyers who wanted to ride the new wave of growth and sold his stale bitcoins. We consider that decision was right, because all the growth was absolutely speculative and accelerated on idea of trade war between China and US.
Escalation of the trade tensions can support bitcoin price increase to $10,000. We assume it will be a good chance for sell.
