Like2Move

Critical level - 6200

Like2Move Updated   
BITFINEX:BTCUSD   Bitcoin
The critical level is at 6200 - the drop below opens the way to 5800. And may be to 5000. The sudden fall is indicative of the great fear.
Comment:
Likely, well known Elliott wave patterns 12345 and ABC are completed? Some bounce expected?
Comment:
Good. Move stops below 6200.
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