redcap3000

Bitcoming Upcoming Support Levels

BITFINEX:BTCUSD   Bitcoin
1
Next week we'll see some of the more drastic price fluctuations we haven't seen since black Monday

Attention should be paid to how Bitcoin is going to handle the flash crash value to accommodate the low to occur which could set off a trigger different chain of events, or extend the timeframe. A low of 161.45 for next week is very possible; and the lows being 90, and finally 60-70 or lower (as low as 52).

Sometime mid-next week support will be at 180-190 and dip into that area a lot in zig zags until the bottom and start a 'quiet' period before the climb to 1000

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