J1mmyvanvo

BTC Resistant Line

Short
J1mmyvanvo Updated   
BITFINEX:BTCUSD   Bitcoin
BTC is going down but how far will it go?
Comment:
If the price spikes past $8300 we will see further bearish downward trend to $7400... however a bullish return may occur once an upward trend is stabilized towards $.
Comment:
$9400.... therefore a bounce off $8300 to recover to $9400 or further drop to $7400
Trade closed: target reached:
Further Drop to $7400 will occur and actually did already happen in other exchanges like Coinbase.
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