Chart says it all.
I'm looking for a capitulation style sell-off that could reach about $8,000.
Look at the sell-offs from 2500-1800 and from 3500-2800.
EMA 850 looks like a very strong bounce line but we can dip slightly below it.
The one thing I'm worried about is the lack of real support since we pushed through 7k very fast.
Let's see what happens.