After the bollinger Bands Squeeze price could have gone either way, but apparently it's going further down. BTC price had been finding support at 50 days MA which it has broken, and now I believe it will test 10k resistance level . Fundamentals hasn't changed so it's only matter of time before it touches new highs!
P.S 10K would be a great entry point!!
Now that it has touched 10k i believe it will find support here n will go only uphill from here.