Is $9350 the bottom and the start of the next wave up? It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?
In my opinion, it will still go down more if the bitcoin experience another crisis, because most of us makes panic selling because of the fake news that they are hearing. It is better that don't believe on those lies and fake news because the truth no one can actually know what will happen with bitcoin especially in the future.
The negative media publications and the impatience by some of us especially the newbies in cashing in on bitcoins is one factor that is also one factor that is making bitcoin loose value because there's more than enough supply of it on the market.