I posted a chart yesterday showing why I though more downward price action was the most likely scenario and today you can see I have updated that chart with the green trend lines showing bullish divergences. I think I bounce is most likely scenario here with downward price action long term the most likely outcome. I did also hit the first area of interest on btc of 3500 which you can see in the boxes. If you looking long term I think more down is the most likely outcome but this isn't the place to short. I would wait to see how the next 24 hours plays out or at least next 12.
