Day Trading Pre Open - 2 February 2018, page-21

Morning all.

Bitcoin. Plunged under $10K and the punters piled on in largest vol for ages. But bounce seems to have stalled at $9K level altho too soon to call. Said other day that $7600 was next support on rough guess. The other 100 top cryptos following the same path atm except some of the low $ price ones.

Salient point in all this is that bitcoin chart is following the script. So should get back to $5K and then wither away with no fundamentals. I expect there will be a couple of big bounces on the way down tho. Let's see.