It's definitely an interesting one to watch from a TA point of view, but feel very much for holders who are hurting right now. I know the feeling, it's not fun, and I'm not here to rub egg in anyone's face.
There is an obvious support point at 7.6c, but there is also a gap between 6.3c and 7c, and, sorry to say but they almost always get filled. Disconcertingly, the RSI is at 44, which is by no means the base level and there is still room to move south on that indicator.
BIT Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
