MMBTtrader

BTCUSD can fall more new resistance zone formed here

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As we can see price started to dump after hitting new ATH and now we can expect more fall here and targets like:
A. 60000$
B. 57000$
C. 54000$

Notice: for the continuation of fall we need the 0.61% Of Fibonacci resistance level to remain valid else the market may receive high volume and maybe even previous ATH and new ATH is ahead.

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Comment: Daily channel:
Trade closed: target reached: Target A reached 60000$

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