If BTC closes the day above the support lines in purple then we have a shot seeing a reversal.
Daily shows us that we have broken the down trend and BTC is ready for an upwards move, baring any more bad news. I am more worried about Tether being an issue than regulation of the Asian markets.
Downside, If BTC breaks 9500, then its likely we see 8k.
Best guess its 50/50 right now.
Another 3 reasons I believe 10K will hold and we will return to 13k+
Daily RSI has Crossed the Downtren line and stayed above at close for 2 days.
MACD has Crossed Bullish
Price has not closed below 10K Support or the previous resistance turned support line.
also i was trading on bitfinex the most time. and i may be a bit over-cautious here, but i moved most of my fund off bitfinex to kraken, due to the tether story. i am losing trust in bitfinex, not only due to tether but also due to a missing deposit of more than 700 IOTA.
but i am considering to make these trades on kraken, but i am not sure, if i should go long or short now, because i think the downward trend is pretty strong.