I can see further downward momentum towards the $30K level. If we find support there price could easily bounce 40% towards the 
42K level.
The lower highs are worrying though and the only "bright side" is the MACD which might be crossing up. We'll see what happens.
42K level. The lower highs are worrying though and the only "bright side" is the MACD which might be crossing up. We'll see what happens.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.