The_Cannalyst

Further massive drop ahead?

BITSTAMP:BTCUSD   Bitcoin
17
Imo all Traders are watching the Level 750-780 at present. The Chart in my illustrated view is still bearish. (still a classical falling knife Situation)
Here many People could have istalled their SLs below that Level. Should we really break through that Level (former BO-Level) i exspect a massive and very fast /strong selloff....TPs ~ 670/620
Trading above 780 opens the opportunity for a Long with a wonderful c r r

For further Infos feel free to have a look at my other btc-views

longterm: Buy @ 780 Sell @ 1400?

780$ = Level to watch!
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