Crypto Blood Bath 2018…Again

Image Courtesy: Tradingview.com
Bitcoin continued its downward trend today, seeing a price low of just over $4,800 at the time of this writing (via Blockmodo real-time data). Meanwhile, the public speculates on a price bottom, accompanied by a broad range of emotions.
Bitcoin’s Price Action
Looking at the weekly chart for Bitcoin, there are several levels of interest. The $4660, $3000, and $1860 areas show levels of support based on the Bitmex USD chart. Price seems to have found a bi