BTC 12 Hour. Is this dead cat bounce number 2?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Looks like the price action is headed for the green area of support and resistance for dead cat bounce number 2. Let's see if it makes it. If it breaks the purple uptrend than back down the price action goes and we will be ranging for a while at 6500 the low to 7800.


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