An updated version of my previous Bitcoin chart. The red dashed lines and solid red indicate areas of importance where Bitcoin may enter after the initial drop zone around $4800.
It seems doubtful Bitcoin would push beyond $3000, but anything is possible. I've marked that area a solid red as I believe it to be the strongest of the lower end supports.
It seems doubtful Bitcoin would push beyond $3000, but anything is possible. I've marked that area a solid red as I believe it to be the strongest of the lower end supports.