TenaciousH

Bulls fight for the 200-day! $8,600 vs $8,200 and $7,800 BTC

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BITSTAMP:BTCUSD   比特幣
Since the Sept 24 drop, we now have 3 confirmed resistance levels $8,600, $8,200, and $7,800.

Need to see a strong defense of $8,600 (Purple Box) at the 200-Day or expect a return to $7,700-8,400 range (Blue Box). I expect a drop to retest at least $8,200 or so followed by a retest of $9,000 or even $10,000. Keep some dry powder there will be plenty of opportunity to buy in these ranges

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