Looks like the worst of the panic is over, we may head a little further down say to 4700-4800 mark, but this is pretty much the bottom.
Start accumulating now..
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Panic sells driving us below 4600, at this point the market may be looking for a new bottom. Average in along the way down.
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Almost all the markets are bleeding right now, and BTC is no exception to this, while I still expect a rebound, i cannot say at what time it will occur.
Trade cautiously.
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Were back in optimistic territory, this trade has taken way too long. If you need to exit do so now I'll be posting another idea with my look at the future.
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