kris82wt

BTC weakness

BITFINEX:BTCUSD   Bitcoin
We have strong resistance at 8700 and the strongest at 8800. If we can cross 8800 we will open door for 12k however I still don't see this opportunity for now. In my opinion red or orange scenario is played. I wouldn't risk for taking longs now. Lower we have 61.8% fibo retracement (~$8350) which I believe we going to. From there will be chance to go to the moon.
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