Bitcoin nearing noted support level

Following on from an update here a few minutes ago on the further falls in Ether. Bitcoin has now dropped to below 29k as a result of that fall in Ether. So, despite further gains in the cross rate price of BTC/ETH Bitcoin has come under further attack too. Now much earlier this morning a support price point was noted as being in place at around 28,770. Well, that is not far away now and so it remains to be seen how BTC will react if this is tested. It is obviously in the balance as to whether or not it will hold and if not, how far will any move below it might extend. The downside was favoured here earlier today and so far since that earlier update little has changed in that respect. Bitcoin is currently trading at 28,920