benjamintrades

BTC where do we go from here?

Long
BITFINEX:BTCUSD   Bitcoin
Can we bounce from the .786 fib level, the resistance at $7900 & the bottom trend line? Seems likely, however this is BTC!!

If not, a drop to our next level of resistance is likely at $7450. Some wick fishing is bound to happen also, so don't be surprised if we drop passed $7000 and bounce back up.

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