PolarHusk

BTC/USD (Bearish breakout: 5800 target?)

Short
BITSTAMP:BTCUSD   Bitcoin
BTC/USD

BTC broke local support at 6500 and the price immediate drop by almost 10%.
If Bitcoin fails to hold current pice at 6200, we could expect another leg down to previous Higher Low of support at 5800 areas.
5800 level would a good potential bounce play and targe the swing high at 6800 dollars.

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