BTC USD going further down

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Fib Extension tool shows strong resistance at 12063 (Bitfinex), this has been tested and retested. No enough volumes for BTC to break through it. Following some consolidation expect a retest of the lows; following which uncertainty/negative FOMO will get BTC to test lower target of 8848 USD.
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