UnknownUnicorn6061584

BTC|USD - Can Be Just a Retracement, Decline Will Continue

Short
BITSTAMP:BTCUSD   Bitcoin
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We retraced because of RSI was oversold, but what's next. 50 MA working as a resistance since price crossed it.

I expect the price will return to 8050 Support at least. And As I said in previous analysis it should not go lower or things will turn bad.

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Peace Out!

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