BTC broke upwards today, but the sentiment for a big upswing seems to be lacking. Combined with a bullish long-term view for IOTA (based on the fundamentals), this could translate to IOTA/BTC finding support at .00024 or .00023 BTC.
Nota
UPDATE: Should have drawn a trendline following the bottom of 22. december and upwards to todays bottom. In that case, .00024 seems the most likely point of return to upwards movement, right before it hits the 0.236 fib.
Nota
UPDATE 2: Published a refined version of this idea:
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