- bounced on lower
-bounced of fib 0.78 which is also a good and a healthy target for the correction
- and looking upwards
- and totally oversold on all timeframes
- hidden on the 4h
if we break the support here we're probably going to the 3000 area...
using fibonacci as targets...
except very few alts that held up very well or even mooned we saw a bloodbath in the last 30 hours all over the place.. if bitcoin rises that fast altcoins are of course devaluated if you measure them in bitcoin... so i'm not going to guess where power is going until BTC stops mooning.... i'm quite sure is it will start rising the moment bitcoin stalls long enough..