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BITCOIN - What is the next move

Bitcoin (BITFINEX:BTCUSD)  
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BITFINEX:BTCUSD   Bitcoin
Trend Analysis
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trendanalysis

Hi All,

I see BTC have 3 ways to go (after some period of consolidation perhaps).

1- Move up from the low achieved at 8,100 and retest the 10,000-10,500 area.
2- Further dip to 7,500 (0.5 FIB Retracement), and then move to retest the highs.
3- Keep crashing to meet March's levels.

I think scenario 2 is most probable.

What do you think?

Thnx
Jad.
Komen:
On another thought, if the upward channel isn't broken, i think scenario 1 is a play.
Komen:
Komen:
What do you think about this candle stick on the 12H? indication that Scenario 2 might be in play?

I see critical support between 7200 and 7700..
Komen:
Komen:
Might be scenario 1.. any thoughts?
Penafian

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