I don't really use FIBs that often, but it would appear we're near the 0.5 line and also around a critical psychological value of $9,000. I'm interested to see if this will hold, or if we continue to break down. Right now sentiment is bad, lots of negative press, lots of fear about Mt. Gox trustee potentially dumping more BTC onto us
, and I would imagine many people waiting for us to drop
to $6k before they take their money out.
What do you think?