themerkle

Mania is over, looking to stabilize.

BITSTAMP:BTCUSD   Bitcoin / Dollar
Now that the mania to the $500 bull run is over the market is looking at finding equilibrium in the new active zone. Resistance is at $400 and support is $350. We will test support once again or break through $400 and look for support there.

Because of the decrease of long on finex looks like the traders are sitting on the side watching what the market is going to do. Procees with caution.
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