Chiefhand

Bumby ride down

Long
BITFINEX:BTCUSD   Bitcoin
This is not financial advice this is merely my opinion.

Market sentiment is with the bears.
bitcoin isn't down and out, every one wants in, but at a cheaper price.
We have already broke through 8800 support. 7600 is in the cards pretty soon. Grab some Satoshi's at the 7600-7700 region.

If support at the fib 1.618 breaks. we can see ~~6400 sooner than later. Also a good entry. This is ultimately the ground for BTC and bull can definitely build up enough steam to break the 10.5k long term resistance.

Alt Season is in... this should be fun.


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