Motrok

BTC Holding on to the trend lines that took us from around 7.5k

BITSTAMP:BTCUSD   Bitcoin
As you can see here, these two trends form some sort of channel apparently. The fall today was too steep, I'd expect it to bounce back and forth between them. If it breaks down, then it's short. If it breaks up, then wait for confirmation at 12400 before going long.

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