Bitcoin TA - Deep Crab

oh, ok, thanks

floor is 4600-4800.

rationale?

fib extensions from every impulsive move down in this triangle we've since broken.

also, miners have an interest to keep btc's value above 3500 so they will start defending that area.

deep crap? is this bitcoin's version of sharting?

>also, miners have an interest to keep btc's value above 3500 so they will start defending that area.
why?

so that it's still profitable to do so.

>so that it's still profitable to do so.
en.bitcoin.it/wiki/Difficulty

Not just miners but also exchanges and other companies who would not like to see bitcoin go much lower. Volume on exchanges is way down and dropping weekly. If bitcoin keeps falling, everyone will abandon alts altogether and either sell out completely or put everything into cold storage.