Bulls are holding the 6500 support pretty well, but volumes have been very low.
Hopefully this is capitulation but looking at Nasdaq and other charts after a bubble and burst, there is usually a period of capitulation then a high sell off and recovery. I believe we haven't seen that yet but I suspect that will be soon. Be patient
Key date to look at is Oct 17th when the CBOE bitcoin futures expire. There usually is a large spike right before expiration and usually in the bear direction.
I am hoping we find bottom this month.
Get your buys ready.
If all goes well we should hit bottom within the next 2 weeks.