BTC has reached some critical long-term support levels. Anything more than a wick on longer time frames below where we are now will look very bad for any continuation of a bull market. Likely will send us back into another bear market and retest some previous lows, or retest the breakout from the 4k levels. Long to short ratio on BFX is massively tilted towards longs; we could see a stop run to clear out a lot of those established longs before we see a low established, and then the market can start moving up again.