mycotoxin

BTC - should drop to between 6549 and 6414 then continue up

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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This BTC move should drop to between
6549 and 6414 and then continue
upwards to 7316.
However......

if BTC drops lower than
6414 then this will be a drop to
6240.
Just touching your prediction, looking for cross
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@udougu, i think its going lower to 6200
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Even though the MA500 is right below us?

For the record, I think so too, but just curious what your thoughts are on this.
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mycotoxin deactivatedaccount123
@deactivatedaccount123, Interesting ,,.ive never used the MA500 before but it suspect the minimum move down will be to the MA50 which is around 6590
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