ghose12
Short

BTC falling again..support at 7.8k..

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
we havent reached 10k yet and btc             started to fall..i believe we will drop more to 5k if 7.8k fails...and 200 MA is breached ..sellers are watching for support at 7.8k if it too broke then definitely short...5k next stop..below 5k is impossible..9.5k is small resistance but sellers are smart to take profits there..so we can see more downtrend if this kinda falls continues..
Comment: SUPPORT SEEMS TO BE STRONG AT 8K..CAN GO TO 12K IF BEARS GOT EXHAUSTED AND BULLS FIGHT STRONG..CAN GO LONG TILL AGAIN 10K
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