IotaWhale

Bitcoin .... UP or DOWN?? ..a few days to choose

BITFINEX:BTCUSD   Bitcoin
Hello!!!!!!

Right now BTCUSD have to choose where to go, the support at around 8000/8200 is very strong but can it hold?

If it hold we will see Btc prices move on the green channel for a 30-40 days conferming this analysis with a good bounce on the top of the channel so up again to 9400-9600!
buuuuuuuuut

if the support at 8200 is broken we might see the 6500$ again with the prices going on the upper red trendline. (which is the upper line of the superbearish market we have seen past months).

The decision will be made certanly before sunday.
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