SHORT Retracements and bounces in the short term

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
let the media calm down and scared traders settle down over the next few days to a week. I dont see it going lower than 5k, and honestly 8k is a very nice place to be looking at in the short term. The yellow area is just a guide line, the chart will be readjusted for retracement flucuations.

Could honestly end up with a head and shoulders at this point.

40,000 In the next 2 months with new investments from wall street.
Comment: 1Bto1pG5bM4kfoLszFij9CXXDstRoiubuF <3
Comment: As of the 2nd it appears we could have hit another support from a decline earlier on the 1st. This support is much higher than expected. Its still possible to drop. However day trading should be done with caution and fast at these prices. Holding out until the 11th fro support 2 unless we surpass the 12k mark.
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