People are not considering these two major resistance points (purple lines); the small pump we had a few days ago was perfectly rejected by those two. I think the price could definitely drop to $8500 ish by next week when earnings from the stock market come in since we are seeing a small relationship between the two, we can assume that once the panic selling comes in from the stock market do to bad earning the Bitcoin price will drop probably to 8500 that being the abs minimum.
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