Bitcoin has completed a 61.8% retracement from the previous high and has bounced off that support level which also was the bottom of the big bull flag it is in. It is now US$10K above the 200 day MA - it was US$33K above in March. The gap will reduce further even if the price goes nowhere for a while.
I bought a little more overnight. If the market goes down more, bitcoin surely will. If that happens I guess I'm buying the dips.
