Bitcoin has found support in past with major reversals around 82-87 % retracement. My thinking is a line in the sand may be formed around the .85% retracement.
As such I think ultimate support will be between $3000- $ 4000 , and as such may be a good buy zone.
Below that , it's more like toast.....:)
As such I think ultimate support will be between $3000- $ 4000 , and as such may be a good buy zone.
Below that , it's more like toast.....:)