Expecting test of 9100 and then possibly break down to 8500.
After failing to break the 620 resistance for several days, market wants to try the bear scenario. retraction to 520 or 480 fibs are possible.
After failing to break the 620 resistance for several days, market wants to try the bear scenario. a retraction to 0.236(480) fib is possible.
If long term bull trend holds, I expect a reverse H&S to form on Bitstamp and then go up towards 700+