SMA

BTC is well supported by the 100 day SMA as of now and once it breaks decisively(means the close of the daily candle, if bearish), then 200 day SMA will be the next strongest support which is at 8500 usd.

Fibonacci

If we plot the fibonacci from 2016 to 2017, then we can see that the 50% Fibonacci is at 10000 level and 61.8% fibonnaci is at 8000 level. But we must remember that any price between 50% and 61.8% is a good buy always and this holds good in the present scenario.

all other parameters like RSI and stochistics are in extreme oversold territory and hence bounce is very likely from this level.

Thank you @cryptographic...steem on and stay blissful....