However there is hope on the charts.
Bitcoins most recent price action is forming a , which is a formation, right around the targets for the downside flags and the original pattern that originally started the fall.
If the breaks to the upside it should put us back into the green triangle and will hopefully have given us the higher low we need to complete the right shoulder of an with a neckline target back in the 18,000's. Or a that should yield roughly the same upside target.
has returned to the market and even tho there is clearly a lot of selling. Somebody is there buying up the fear.