#Bitcoin is about to collapse to lows, if this level of support doesn't hold.
That's just the reality.
Anything between $72,000-74,000 is crucial and could be the end of the correction, especially if Trump comes with a new deal --> rates go down --> oil goes down --> risk-on assets (especially crypto) go higher.
In that case I'd like to see Ethereum bounce back stronger.
Regardless, from a technical standpoint: this is the zone that must hold, and then we need to break the $77,000 area and we're in for the next leg upwards.
If that doesn't happen, then we're about to witness another leg towards the lows and probably new lows on the altcoin markets.
Other than that: short bounce of Bitcoin upwards and you can see that some altcoins are already continuing their grind.
The sentiment is clearly different, we just need to bounce on Bitcoin and we'll be seeing way more strength in the ecosystem.
