Support at previous support range and 0.618 fib. In my view it means that Bitcoin will fall and altcoins will fall faster than Bitcoin. However, it can also mean that Bitcoin will rise with money flowing from altcoins to it. As I am bear in relation to the S&P 500 I bet on the first option (due to the correlation of the assets).
@bhuynh2, I also wonder this. RSI seems like a weird indicator for BTC.D. If we were comparing BTC to another specific asset like ETH for example, looking at RSI makes more sense to me, but comparing BTC as percentage against the whole market to make predictions seems dubious, since most people in the market are reacting to price action of BTC vs. other specific assets, not BTC's dominance in the market. If somebody has an explanation as to why I should care about RSI for BTC.D, I'm all ears.