bloodgood

Bitcoin 8500 region re-test

Short
BITSTAMP:BTCUSD   Bitcoin
Hi

We can see formation of lower highs and lower lows which could lead to downtrend continuation.

in 8500 region there is massive support, key support which I think it will hold and reject the downtrend pretty fast.

After that we will examine the situation in various different time scales to predict further actions.

Regards

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