This market may correct further towards the .50 - .618 fib levels. This would provide a good opportunity to re-enter the cryptocurrency for a buy.
Possible fib targets are
1. Equal legs @ $ 4.95.
2. @ $ 6.95.
These are high targets I realize, especially with regards to a bitcoin eqivalency (http://bpeindex.com) .
If trading , this idea would be invalidated if price closes on daily candle below the .786 fib..... :)