Sieb-47

Bitcoin: BTFD, but where to expect the D?

Short
Sieb-47 Updated   
BITSTAMP:BTCUSD   Bitcoin
Levels of interest to watch closely. Clear rejection back into downward channel. In my opinion lots of sideway chops and few sudden drops that could bring us to the South side of the channel.
Comment:
$7900 support holds for now, regaining some after <$7800. Keeping an close eye, idea for now: possible increase toward $8100-8200, with subsequent drop to next support $7500.
Comment:
First suppport is lost, finding support at $7500
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