That was a pretty nice bounce off the 14,000 level. But still not enough to break this afternoon's short-term downward trend line. However, the RSI's on several time frames are supportive of a bounce here or at the 13,500 level.
@bigdogg, Yeah, I have a hard time believing it will go below that without a bounce, but at this point am not entirely confident in "holding" 13,500. I see the next support levels on GDAX at 12,500 and 10,500 if we fall through 13,500. I guess we will find out in due time!