BTC/USD (Next Support Level) Bitcoin
Updated
Last dip to 7530 bounced off 50 MA and I'm looking at 100 MA as the next line of support on this one. 100 MA lines up nicely with a lower support channel that began at 2960. This support channel was broken on the correction to 5545 so keep that in mind when looking for a reversal. This is just the first line of support to watch for a reversal I'm not ruling out further drop.
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Chart to support selling pressure.
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Weekly RSI to support downtrend.Note
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