Some major support levels to keep in mind. The most healthy bull run will come only once we have run out of sellers, so anything fairly low would be very healthy - and would also help kill off the 90% of altcoins who have made little to no progress on their promises (through being over-ambitious, badly managed, or just a scam) and have now only dwindling funds. This will leave more investment for the best projects and better gains for us all.
So place your bets... which of these will be the BTC bottom over the next few months?
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A perfect bounce off the (black) downward support at $6700 confirmed in the first weekly candle since I posted this. Now finding resistance from the (grey) long term support and close to falling back beneath the weekly 100MA.
I would be very surprised if over the next month we don't flirt with the 5k zone... with no bull run until after the Satoshi Roundtable Feb 7-10th, and possibly not until after the halving in May.
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