These are the support and resistance lines I am watching. The second support hits 0.618 on the Fibonacci, and the third support hits 0.5. BTC loves the 0.618 level, so I am watching to see if it hits it. If so, I am taking a position there.
Comment:
It was exciting to watch BTC blow through resistance like a knife through butter before freefalling to the first support which held. BTC is once again attepmting to break out of resistance again.