Bitcoin markets fell over 6% during the trading session again on Tuesday, as the shooting star that form just below the $12,000 level give us a heads up that we were ready to roll over. It looks likely that the market will go looking towards the $10,000 level underneath, and as we are closing towards the very bottom of the daily candle, that of course is a very negative sign as well. I think we will go to at least $10,000, where the buyers may return. Under there, we have support extending down to the $9400 level. If we were to break that level, we will then go back to the $7000 region, and perhaps even lower than that. I think that we will see a lot of volatility, but right now I’m not willing to buy this market as a continues to struggle.
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