Jiang Zhuoer sees downside to 77K

Jiang Zhuoer, founder of BTC.com mining pool, just said that $80,000 probably won’t hold, but $77,000 won’t be broken. That level has seen the highest trading volume since August 19.

I agree that we’ll lose $80,000. There’s indeed enough volume to provide support around $77,000, and it’s unlikely we’ll plunge below $75,000 and give everyone a comfortable chance to get in.

For this pullback, are you planning to place buy orders at $78,000, or wait and see if it reaches $77,000?

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