TenaciousH

UPDATE Bear/Bull BTC Battle of $7.7k $8.4k bears on attack

Short
BITSTAMP:BTCUSD   Bitcoin
Dashed line above is Bull trend within the Blue Box range (see related idea linked to this page). Dashed line below is Bears. If bulls lose $8,100, we could see a quick drop to $7,800 and a bounce back to $8k. $8,000-8,100 is the last support before a retest of lower levels.

Bears might win this round before a monday/tuesday bounce back into $8,200 territory.


(I'm still long in a small position ready to rebuy the rest at next opportunity. this is a very near term short thesis)

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