BTC crashed due to FUD and is now oversold. Expect a bounce back since the FUD wasn't real. Here's an idea of how this can play out. (Notice it may dip again and find support at 9.1k before it bounces back up.)
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As predicted.
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The dip was far worse than I predicted, but it seems that a reversal is happening indeed. This chart needs to be revised... The first sell off may happen around 9.8-10k, it should stop at 9.1k, and then we move upward again. Don't take my words at face value and be cautious.