Just before the market opened, Bitcoin dropped to 104,000. Some people randomly opened short positions and got trapped. I already said I wasn't shorting, so why are they still trading against the trend? Don't always mess around at this critical juncture. I already said it would rise; I'm watching to see if the resistance at 105,500 can hold. I want to reduce my long positions in the 105,500 to 106,000 range. This is my current thought. #BTC

The last panic with BTC did not drop below 100,000 USD; it fell to 100,888 and then rose to 110,000 in one day, an increase of 10,000 USD.
So 100,000 USD is the bottom line for the bulls. Today's news release, whether it spikes or not, if it drops and you chase after it, you will be quite passive. I watched Ethereum at 2,530 all day today wanting to short it but I still held back, because by the time it hits 2,800 I won't have shorted; it would be too late.
If the FOMC meeting keeps dropping today, there will be a rebound, just wait; the market just opened. #BTC