With bitcoin having a 50 percent price correction over the past ten days we may see support at the .786 retracement level. Depending on market reaction this is a great buy opportunity. What traders should be doing now is hodling and waiting to see how volume and market cap move. We either see support at this level as it maintains price to test another bull run or it loses support due to market reaction. Only time will tell. Great entrance point if BTC holds at .786. If it does not successfully test the price point it will continue its bearish momentum.