BTC headed for $410 and under.

BTCE:BTCUSD   Bitcoin / U.S. Dollar
96 0 0
Fueled by the PBOC crackdowns and uncertainty, I believe BTC             is headed for a new low as even technically it seems hard to break out of the long term downward trend since December.

Depending on the turn of events throughout this week and next up until and past the 15th, we may even see as low as the $300s.
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