Support became resistance. If this keeps going, we will face the <600s in a few days. But keep in mind that 600 will be a natural resistance line. Like the 550 and 500. I am pretty sure that we will meet at 450 again. Proof me wrong because I am still owning Bitcoins. Bought them, when one was worth around 50-90 EUR.
I try to get in a short entry position while the price is near the resistance (former support) and take some profits here and there - normally when the price is near the support line.
I try to get in a short entry position while the price is near the resistance (former support) and take some profits here and there - normally when the price is near the support line.