BITFINEX:BTCUSD Bitcoin / Dollar
Watching the fib levels closely, you can see a distinct pattern of supports at key fib levels, and also following the resistance line perfectly. Looking to short around 322-324, if that does happen to break though, then I could see 335-340. Overall, still well within the long term trend with an outlook below 300, bouncing off 275-287
On Bitstamp $304.99 could act as the new true bottom because that already felt like capitulation and panic selling, but greedy China might bring us down one more leg or at least we are going to have a test of $304.99 / $307.11 to see if it's the true bottom. My guess is as good as your's, but we already have a 80% chance that $304.99 is the true bottom.