on daily chart
suggests the bottom is getting near as we see RSI
deeply down and the MACD
beginning to appear to want to turn positive. Volume
was heavy in this sell off so a lot of weaker hands were shook out. I believe BTC
will move sideways and higher from here toward labeled black 5 at which time price action will dictate the next call in movement. I have added BTC
at these levels expecting to catch a profit on the upcoming bounce and perhaps even caught the bottom on this 8000~ level test. We should easily be able to determine what future moves are as we complete this current diagonal. Good luck and if you entered long on this correction you should keep your stops adjusted to maximize profit and minimize losses. If you have hodled since the beginning of this correction God Bless you for your courage but that was not the smart way to play this significant correction. Regardless cheers to all my crypto brothers and sisters and good luck.