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With the current bearish action, how low do you expect it to go? below 25k?
CryptoRush_
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@desertscott, I cannot say for sure, I could only pay attention to how the market reacts at every support level. Currently the support I am looking at is the 25K range and see if it gets a strong bounce from there
@desertscott, I meant to answer your question in more detail actually. I'm more of a short term trader, so my approach is to mainly buy support and sell resistance. So if a support breaks, that is when I will let go to avoid further losses. In that case, I won't be concerned about how far the price will continue dropping. So depending on your trade/investment style, you might want to think of a strategy that works for you so either if it drops or goes up you're still okay