It’s been quite a volatile week for cryptos. Bitcoin saw a significant correction which started on September 6th. We went from 53,000 to briefly below 40,000 in just two weeks. That’s a 25% correction. We also saw another move from China to make cryptocurrency transactions illegal. This may seem like a big deal, which It is, however, this seems to be something the market has expected. This is evident by the fact that the price failed to set a new weekly low on the announcement of this news. We’re still holding support, for bitcoin that’s around 40,000. As long as we hold this critical support, we’re looking quite neutral.