Bitcoin takes a breather after dipping below 33k

Following on from earlier updates here, both Bitcoin and Ether have suffered further losses. Ether has now dropped below $2,200 and Bitcoin is flirting with new lows underneath 33,000. It was noted here earlier on; that the next major support for Bitcoin is in place at 29,307 from a previous interim low. Of course that is still some way off from the current levels and ahead of that the 30k is also a major price point for the market. The downside has now extended to as low as 32,990 so far, but it is just now trying to rebound as Ether also lifts back above 2,200 from an earlier low near 2,170. Bitcoin is just now trading at 33,525