With the announcement of yet another CFTC approved BTC exchange, technical factors are signalling a potential turnaround point.
Healthy pull back off recent highs:
1) 200D Moving Average Support (and 4H 200 & 12H 50) 2) Volume indicating maintained bullishness through consolidation/move down 3) Trendline breakout support 4) Horrizontal breakout support 5) RSI 1D Divergence support