Bitcoin having completed a lethargic first Wave 2 correction higher got spiked down hard overnight as South Korea prosecutors raided the country's largest exchange. The 4Hr BTC RSI is extremely oversold but that does not mean we should expect a rally anytime soon but does mean that its probably best to scale back on any short positions.
News:
Cryptos Get Slammed Down:
http://www.businessinsider.com/bitcoin-ethereum-ripple-prices-may-11-2018-5
