Bitcoin and the basket retracing some.

After that month and quarter close some retrace is not abnormal. I got the week 50% (7723) plotted here. 1/2 of the weeks 50% or 1/4 (7302) of that move is where pa found some resistance atm. If I thought it was forming a double bottom. I would say 9,0xx area. Like said in past post, I don't think the drop is over. Bounces are healthy in a drop. The other cryptos to follow. This is opinion in this paragraph.

Fact is the quarter closed lower. Pa is below the day 200 sma. The day 50 sma crossed the 200 sma. Many call that a death cross, meaning more drop to come.