BTC $12k-10k Bottom Scenario
If BTC fails to hold its current support level of 16.6K then it seems likely that we will see it fall to 112K or potentially lower. Personally I won't try catch the exact bottom but rather begin DCAing into BTC around 
14K and below. This scenario could be invalidated with a reclaim of 18.2k and a continuation up but it makes more sense to see the range lows swept before we see a clear reversal of the market. I'm interested in ETH around $900-700, assuming BTC continues its downtrend. I believe most of the pain is behind us at this point and we should be looking to rebuild our bags for the next market cycle. These are nasty times for sure but it's where great opportunity can be found.
Good luck to all and happy trading!
14K and below. This scenario could be invalidated with a reclaim of 18.2k and a continuation up but it makes more sense to see the range lows swept before we see a clear reversal of the market. I'm interested in ETH around $900-700, assuming BTC continues its downtrend. I believe most of the pain is behind us at this point and we should be looking to rebuild our bags for the next market cycle. These are nasty times for sure but it's where great opportunity can be found.Good luck to all and happy trading!
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