Akamer-the-Werewolf

Bitcoin Bears or Bounce?

BITSTAMP:BTCUSD   比特幣
Looking at this 4hr chart it's clear to me that Bitcoin is at a critical level.

If we have more downside we should find some support around $34,000.

If that does not hold then my next level to watch would be just below $30,000.

If $30,000 doesn't hold, I would look to around $20,000 next. I remember that there is a CME gap around $9,000,
but I've been running all night and I'm too tired to verify it.

So if we do continue down, just understand that anything is possible.

Do I think we will go that low?
No I don't, so I'll be looking for that bounce around $34,000.

But I am just a werewolf, so don't take any advice from me!
I spend most of my time running around in the woods and scratching myself.

I'll be waiting in the bushes to see how this plays out. What is your plan?

Owhooooo!

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