Bitcoin can possibly $8000 down then it will go $12000

Bitcoin / TetherUS (BINANCE:BTCUSDT)

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BINANCE:BTCUSDT Bitcoin / TetherUS

Nailed it. THE ONE LINE at $9,090 is the exact spot that we were expecting resistance on a move up. Here we are. Now it’s anyone’s guess what will happen. This is a high R/R SHORT for scalpers. I am NOT saying that price will drop - I just think the risk reward is good for a short in this area with a tight stop, in case price does continue down. If it goes up, great. Then you can long a retest of $9,090 as support.

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