Huge Support at 700 Psychological Level

BTCE:BTCUSD   Bitcoin / U.S. Dollar
556 0 0
After breaking out bearishly from the channel, price action is ready to bounce off huge support zone around 700 to retest the bottom edge of the channel, or even dip back into the channel. Sell-off is caused by speculation around Russian news and Apple's recent ban of the Blockchain iPhone app.
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