I heard some people I trust who really understand markets in general who figured this would come into the $8,500 to $7,500 range as the floor. I'm really curious to see if they are right.
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I heard some people I trust who really understand markets in general who figured this would come into the $8,500 to $7,500 range as the floor. I'm really curious to see if they are right.
@tradewonk showed it perfectly yesterday in his diagram. If you retrace the fibonacci down to the 78th percentile we whould meet the next level of support which is about that 7500-8k mark
I hope they are right! There is gonna be some major panic if it continues to drop!!