I know everyone is panicking, fear is present, blood bath on alts, ...
But when I look at the charts, I see a few bullish signs: -sell wolume keeps going down, bears tired ? -RSI on the 6h, 12h, 1d & 3d oversold. -ABCDE elliot falling triangle wave correction in a rising market.
If we clearly break the support, then I will be bearish but until then I will stay long on BTC.
As always, it is one possible scenario, stay safe and happy trading! + Feedback appreciated :)