BITFINEX:BTCUSD   Bitcoin / U.S. Dollar

As analysed before we tested the 7888 area and the longterm Uptrend and see some buyers coming in.

We may see some more buyers coming in. But, unless we surpass the Red Resistance Line, we will stay in bearish mode, and further declines may just be imminent.

A shortterm LONG TRADE with low risk may be adequate at this levels.

Good Luck!
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