Bitcoin should correct back to the .618 coming in at 40k. If we're really bullish we can hit the .5 fib coming in at 43k. As of now I don't believe we have found bottom. There are more sellers that need to capitulate into the downturn. All in all this is a shakeout. NVT has been maxed out for some time so pullback was expected. See you at 40k :)
Not
And here we go again for the second leg down. .618 is coming in around 40k
Not
NVT showing we have further to drop. Look at the last correction it went lower then the red then shot off again.
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