In my earlier comments (back in February) i was looking for Bitcoin to go down to the 5000 level ! Now that we are here what's next???? In my opinion, the support area is quiet large between 3000 - 5000 levels ! There is a sense of a bit of panic and some kind of capitulation at the moment. Maybe best just to wait a bit longer to see if we can have a bit of stabilisation in this zone. Look on a daily chart for reversal patterns (like candlestick formation or bullish RSI divergence or break of trend lines) before buying.
For disclosure I DO NOT trade Bitcoin but just like to analyse it !! Good luck
For disclosure I DO NOT trade Bitcoin but just like to analyse it !! Good luck