Bitcoin and other cryptos have been heavily manipulated as of late, which theoretically could create a great buying opportunity here, depending on what the cartel has in mind.
But hearing how some institutions also want to get in on the action it is a matter of time before they run the market higher again. Is it now ? Who knows, but we had a nice bounce so far from a 2 hour oversold level and a demark 13 buy signal as well.
Here is an updated chart of the BITCOIN-USD pair. Needless to say, if you believe in this technology, then you have incredible low prices now to get in, maybe a second chance here on a bunch of ALT-coins as well.
Good luck all !