jesse003

BTC over the next few days.

BITSTAMP:BTCUSD   Bitcoin
Volume is dropping so I think the most likely senario is red. Yellow is another possibility but less likely. Blue is kind of an extreme version of Red that if we reach 7000-7200 we could see a big fast rebound.

If we go below 7450-7550 and hold there we are likely heading to 7000-7200. If we drop that that low there is a pretty good chance of a fast bullish rebound but you need to watch teh volume and RSI .
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