....BUT
if there is no bounce at 6200 then BTC can fall to 5800
falling past 5800 will open the door for a long slow drop down to the 2300 area.
Comment:
I honestly dont see BTC giving up the 5800 support easily.
5800 is the last line of defense and its good support , its going to take the bears a bit of work to move lower than 5800.
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5800 is the last line of defense and its good support , its going to take the bears a bit of work to move lower than 5800.