Lets clear some FUD
We are now at a major support area.
I foresee only 2 scenarios
The first is micro duration analysis that this we bounce from the current area by creating triple bottom as shown below by 3 green arrows
The 2nd one is where the whales manipulate the prices and managed to wick the price down all the way to 26 – 28K area, scoop up all the BTC they want,
and it bounces hard from there.
Either way, I still remain confident that we won’t go below 30K.And even if we were to go below 30K, we won’t remain there for long.
It will be a wick maximum for a couple days and we bounce hard from there.