Yes, I did notice that as well. 50ema would be also be good target, and it did actually bounce from that level after this most recent dip. I was suggesting the 100ema because it would be even less risky as a buy in target for anyone on the sidelines.

I agree that the rise BTC was parabolic and unsustainable, a correction was the healthiest thing for it to do. It will be interesting to see where it heads from here. I think the less volatility the better because for its price, it actually acts a lot more like a penny stock.

Thanks for commenting!