Bitcoin Correction or Reversal?

COINFLOOR:BTCGBP   Bitcoin / British Pound
32 0
With the turmoil in markets over an Exchanges Security, it has left me longer at higher levels than expected.
Nevermind, the determination now is whether support has been found and this is a corrective move or more downside to come? Things to note are the lowest oversold levels and the 61.8% retracement support level from recent highs at £549.99.
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