Actually, yes, there is support, at 11.000 , as we've seen already, twice. BTC endured three dumps, Friday, Tuesday and Thursday, all of them connected to outside influence ( first the Dollar twitching, then Mr.Powell's remarks ) ,and 11.000 was touched, but not breached. Until we get a close below, I'm sticking to my guns here, we're in a descending channel, within the larger channel we've opened, getting ready to retest the upper bound of it. Maybe tomorrow. We've seen it before, so many times...when we drop to the bottom of the channel , everybody goes bearish, when we get close to the top, everybody gets moonish.
TheCryptAlpha
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here is a tip for you, the begginer. There is no strong support.