1) Fidelity, NYSE, Microsoft, Starbucks, and Nasdaq aren’t getting into crypto because they think it’s a “bubble”. That would be ridiculous. The asset class is here to stay, we are just in the capitulatory phase of a bear market. The question is, where do we bottom?
2) See the charts (scroll down) to get a feel for the key price levels. As goes Bitcoin, so goes the entire market.
3) Bull markets die in parabolic moves higher. Bear markets die in capitulatory flushes lower.
Currently at $3775. If we see another flush lower there is strong support in the $2900 to $3000 range. Below that the major support levels are ~$2500, ~$1800, then ~$1250. Above $4200 is bullish.
Currently at $109. Support at $97.
Currently at 36 cents USD. Strong support at 31 cents USD. Above 40 cents USD is bullish.