It is a moment for die or survive for BTC . We saw 30K level 2 times and BTC bounced back.
I personaly think that it will bounce back, but if will return again I am going to sell and will sell if it will break bellow 29K this time.

We must notice that GOLD have a positive day and it is a good sign for our crypto, because nowdays inflation is the biggest fact.
Inflation is rising and it must be a positive for btc too as well as for metals. For me DXY getting strong is a funny and looks like a last
months for dollar. It is fake up and overvalued. What we can see it is institutional money pulling out from cryptos and retail big investors understand it and hold it.
I think that black rock, avangard and others most interests is to have strong dollar – this btc drop I call panic sell for companies like black rock.

In short term it is institutional investors attack against retails investors! They want all crypto, all metals, all materials, all real estates – all real value having assets in their hands,
because they are greed bastards.

Tadas