As it went, my long position has been closed at $8,450, the BTC/USD pair finding no support at $8,650.
It is not unrealistic to think that we are going to re-test $8,650 for support, but as it stands right now, and considering the very weak market strength, we are more likely headed towards $8,200 and under.
I will wait for the European markets to open for new indicators and take a new position. I will keep you updated then.
I would appreciate your feedback and your vote very much.
For Educational Purposes Only.