[UPDATE] Bitcoin (BTC)

The MACD is still showing a lower, newer record low at -848. IF the lower low happens, then MACD could reach -1,000 or a bit lower. The oversold nature is quite extreme and the rubber band can only stretch so much. 
The markets moves like crocodile teeth, it has a volatile nature. 

So keep in mind, this correction too shall pass. After a new low comes a new higher high. 

Just in case BTC falls more, we placed buy-orders around 7K. As always, keep mind that experts think that Bitcoin will go as high as 30K this year. Clif High even thinks that BTC will go to 64K.   

John DalusoBTC