BTC - Must Bounce between 18722 and 17552 or drop to 12k

If a market bounce is to take place, then it has to occur within the range of 18722 to 17000.
this is a good support bounce area and also the last line of defense.

However should BTC drop below the 16800 area then likely this will signify an irreversible downturn with the next target being the 12K area.