BTC bouncing back off the .5 or .382 will instill confidence in the market. A break to the down side through this major support zone will generate a good dose of FUD however. The .618 is my bottom line psychologically speaking, if we break that and dip to the .786 the herd could stampede.. cows off the proverbial-cliff, sheep to the slaughter. 4H looks a little promising though with price stalling in this oversold zone.. lets get some buy orders, c'mon BTC!
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