$BTC
Open 1000502234.jpg. After a heavy, continuous slide from the 62,887.4 peak, the price action finally slammed into a local floor at 62,656.1.
We are hovering right at 62,660.1. The intense selling volume has completely flattened out, and the price is moving sideways as a tiny green candle attempts to build support.
If buyers can generate a quick burst of volume here, expect a fast relief bounce back up toward 62,695.4. But if this 62,656.1 floor breaks on the next candle, the next drop is going to be incredibly quick. Watch the close.