Yesterday we were saying that the mid-8000s held significant resistance. Specifically, at around $8400s Bitcoin found its base of support. We will look to this as a possible larger ABC correction to carve out the first significant subwave 1-2 for the decline. The C Wave should provide a good scalping opportunity when shorts start covering.
News:
Cryptos Flash Crash Right On Time:
https://www.zerohedge.com/news/2018-03-09/its-1130et-do-you-know-where-your-crypto-crash
