As bitcoin has hit its low stock investors have been very spooked by this occurrence. The market is really tight right now for btc and could possibly break down. Im looking for a bounce on either of these yellow lines to either spark a 12345 up to a new high or to make a slight correction up to $16.5 before heading down for a double zigzag.
Heres btc chart for a reference of what trendline has to be broken:
