We created a new low and daily close low. the first 3200 had a hard, fast, recovery but the second time around we just sit in this zone picking at support with a drop
below 3200 on xbtusd
. knowing bitcoin
i am expecting a huge volume
pump out of this range but it seems like everyone is convinced we are going lower so it could very well be the case. 3200 support is weakening and our next move is to 3k to test the massive buy wall there. set alarms and be prepared for anything right now. my bet is we go lower and test the 3k zone to get a feel for what kind of support we have there. support there will mean nothing with enough fear and the market is loaded with it right now so play safe.