BTCAUD dropped sharply for 18 hours – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in BTCAUD there is a chance that we will witness a correction, no matter how brief.
After experiencing a 5.4% bearish move in the space of 18 hours, nobody knows where BTCAUD is headed.
