No substantial rebound. I fear this means we'll be staying at this level and probably drop even further. Troubling times ahead :-/
why ? what is your logic? Seems to me much the same in the big world of Bitcoin ?
I do not get it ... is the price only allowed to go up or "all is doomed" ?
what do you view as troubling times ahead?
We're not necessarily doomed. I remain mid/long-term bullish. But revisiting the $572 support isn't a good thing. The more often we test this support, the more likely it will break at some point. And we may leave long term uptrend channels that way. I'd be kinda bummed if we really entered a definitive bear market again...