Technical Analysis and Outlook:
The Bitcoin completed down movements to targets of Mean Sup $19,050 and Key Sup $18,400 as specified Bitcoin (BTC/USD) Daily Chart Analysis For October 7, with the possibility of extending to the prevailing move to #2 Outer Coin Dip at $15,500 is much greater at the current market sentiment. The case of the short-term upside move to the Mean Res $20,385 is low.
The Bitcoin completed down movements to targets of Mean Sup $19,050 and Key Sup $18,400 as specified Bitcoin (BTC/USD) Daily Chart Analysis For October 7, with the possibility of extending to the prevailing move to #2 Outer Coin Dip at $15,500 is much greater at the current market sentiment. The case of the short-term upside move to the Mean Res $20,385 is low.