We plummeted and after we started to go below the 50% green fib line that was officially creating a new lower low/lower high which is often a signal to short. Had youd one so and follwoed it all the way down to the 50MA you would have come out quite a bit ahead. I would mark this idea as a short if it was being updated at that point...but now we have been already been caught once again by the strong support of the Buy/Sell line(50MA in orange). If we close the current 4 hour candle above that line I will be optimistic of a chance at continuing the upside if we close below it it could mean more downside so for now this idea will have to remain neutral, with if any bias being slightly toward a reversal back to the upside. What's interesting this time around is many altcoins actually did well while btc plummeted this go around which hasn't happened in a long while.