In what has been an eventful sell off. I think we are seeing clear signs that this will serve as one of the best buying opportunities in all cryptos and BTC seems to have hit it's bottom for this correction that started in June time when it touched the bottom of the 6 year bullish channel it has moved up on. This touch of the trendline hasn't been seen since Dec 2018 which just so happened to be the bottom of the Crypto Bear Market. Now we are gifted entries into many coins based on USD pairs. Which will outperform their BTC pairs? Only time will tell, but this is a very bullish scenario for BTC and Alts over the short to intermediate term (2-12 months).
Losing and closing below this support line on the weekly means things are about to get ugly.
I am confident we will see a bounce off this support and BTC as well as Alts are getting ready for their next leg up (BTC somewhere between 20-30k).
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