AlkalineFX

BTCUSD - Left Confused

BITSTAMP:BTCUSD   Bitcoin
I am left rather confused about this pair in regards to direction. I would like to think the massive sell-off stopped out the majority of support buying but there is always a possibility that price may come down again to tackle the previous low marked.

I am more bearish bias than long but I have marked out both targets for those who are interested.

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