Moar down? #HODL!!!
Could be.
We are not out of striking distance of the possibility of moar down, that's for sure, even though the last 24 hours have largely been flat, and only bouncing up no more than $200 (which is about 2%) from the $9,320 local bottom.
If we get a bit of a rise, maybe 10% or so up from the local bottom (maybe even back above $10k, which is actually a little less than 10% above - 7%-ish?) then maybe we could have a little bit of comfort breathing space.
Our current ambiguity seems to be that some of the bearwhales would like to test buy support at $9k and thereafter lower. They would always want lower and even as low as they can get for as long as they can get it, and lil baby
BTC seems to be putting up a bit of a fight... Bearwhales are asking more weak hands? more weak hands? More scaridy cats? More scaridy cats?
$100k question remains whether she is going to test support at $9k or are we almost ready to return to a bit of our previously scheduled program .. aka UP?
Next 12 hours are critical.
tm Or is it 8 hours? Hairy?