mpd

BTC bearish scenarios

Short
mpd Updated   
BITSTAMP:BTCUSD   Bitcoin
I think that we can have two possible scenarios:

1) retest of 47k area resistance and new dump to retest 30k area (double bottom)

2) rebound stops @ 43k area , then last bearish wave towards 25k (blue arrows)

Comment:
A falling from here 40k means we'll reach 22/23k
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