Bitcoin bounced around our $8800 support zone

Bitcoin bounced around our $8800 support zone (GDAX) and moved sideways along $9k for a bit. It just dropped back to the $8800 area and looks to drop further it if can't find support at $8700.

Is this the bottom?

The last month in crypto has been bloody, to say the least - but things are looking brighter today.

The cryptosphere just experienced the worst crash since 2014 - hundreds of billions of dollars were wiped out; nobody has a clue as to where the market will settle down, but we can prepare ourselves for a few scenarios.