Twitch_PnG

Bears push lower to target 61% retracement and S1 Pivot

BITFINEX:BTCUSD   Bitcoin
Since the flag could not hold, we dropped out the bottom with a clear target of 8200USD 50% retracemet, with possible push to the S1 Daily pivot, where the 61% fib retracement sits.

Expecting 7900-8000USD to provide strong support, otherwise a test of the current 7240USD low is on the cards.

Thoughts welcome.

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