Keep a close eye on the Bitcoin chart right now. We had a pretty big drop but seem to be forming an inverse head and shoulders. If this breaks we'll probably get a temporary recovery rally.
Comment:
Looks like the head and shoulder did break up, technical target is 35K! Not seeing huge volume or follow through but the price is steadily heading up. I am currently in a long and have a stop loss just below $32k at the moment. My take profit is a bit conservative at $34650. Let's see what happens!