Bitcoin was showing some bearish divergences, a correction was due. We could see first 4800, if that level doesn't hold up I see it going to 4600, if that breaks 4200. Btc can't go lower than that or panic will be back in and a retest of 3200 could be very possible.
On DCC side in part depends on the announcement they are going to do on monday. Worst case if btc still dropping and the news is a capital raise we could close the gap at .054 . If it's good news then what btc is doing could not be relevant, DCC need to close next week above .086 and do not close the daily below 0.77. if it does this then we will probably see 10c and above.
My opinion is that BTC will not recover in time for next monday and DCC will close the gap 0.72. From there we have to see.
IMO and DYOR
Bitcoin was showing some bearish divergences, a correction was...
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