I know I'm multi posting like a mother fucker but whatever I'm catching up this morning. Look at that hell up a dip we're having right now, $3,500 incoming. I wonder where we will hold at.
If we continue on this trend channel, which I think there is a good chance we will then here are potential support zones imo
Should we retest the yearly low as I fully expected us to do , then should that not hold on this touch then I see
$2975 - 3200 weak support
$2800- $2900 stronger support
$2400 stronger support - $2200 even stronger support (if $2800 breaks I half expect the mid $2000s to melt like butter)
$1800 -$1900 some potential support (don't hold much hope for this holding if we test it, I suspect the fear will be too great)
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$1500 (?) psychological support possible (I suppose not holding my breath)
$1000- $1200 Very strong support (in theory, but the fear index would be breaking the dial)
$0-$750 - I am buying shitcoins for 1 satoshi
Not 100% convinced this is the real doom, could be just a tease run, but we are at a potential short term decision point here (next stop retest of that yearly low) but still I don't think we have had all of the pain yet, even if we do have another brief (?) relief rally in the meantime....
(Volume - I want to see higher volume bounces, otherwise we are still in soggy bottom territory)