Monday began with a further 3.3% drawdown in bitcoin to $38.9K, which had fallen below its support line since January.
The signal for a break of the mild upward trend would be a consolidation below the $38K levels.
The cryptocurrency fear and greed index lost 4 points to 24 by Monday, returning to “extreme fear” territory after two days of consolidation in “fear”.
Vlad Tenev, Robinhood’s CEO, said DOGE would become the most used cryptocurrency for Internet payments.