Bitcoin will more likely continue down till it hit this key demand area. As a trader, by hitting that price the retracement will look perfect and which also confirm with before the price will jump.
As like all other graph, it doesn’t matter if it’s gold , stocks, crypto etc. this kind of demand areas is always a very good buy opportunity. Trading without confidence (which makes you emotional) you will loose guaranteed, because you let fear and hope make the decisions for you. This happens in all kind of market. Don’t lose faith, patience is key. be greedy when everyone is fearful.