The current dead-cat bounce has run out of steam. Prepare for a repeat of testing the lows of below $300 ~at the end of October.
$275-$300 area has to be tested again, no way around it. If that holds, the bulls can cautiously rejoice.
Well it has happened already, we have touched $275 this month. That is the last and strongest resistance. I believe it will hold, but if it breaks, we could be in for the downfall to $100 or below. Hopefully that never happens.
I believe $275-300 should hold, it's strong enough. But I think the price is still going to test it again, to confirm that the bottom is in.
I commit to buying one at 300. Three at 275. Then I will hodl until probably 100 then dump
