UPDATE on Bitcoin dont panic, just watch the technicals.

COINBASE:BTCUSD   Bitcoin / U.S. Dollar

Short term Bitcoin             doesnt look bullish unless we break above the TL again. That daily MACD rejection was something i quietly expected but hoped not to happen, Actually todays             close can still make the cross over only if we get a steep climb up.

There are buy walls (areas where large bitcoin             buy orders have been placed ready to fill and create a strong upward bounce) around 10 300 and 10 000USD and we will defo see some jump up which may trigger strong upward momentum but nothing is sure.

If we break we need to see at bouncing areas around 9000 and in extreme 8 000 or 7.800usd,

a bounce will happen

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