BTC position adverse as touch the 8150 target. There is very slight 2 weeks trend line support at 7940, so this is the only casual bulls have to start a short term retrieval but a jump higher is unlikely. First resistance at 8400/8430. Additions are likely to be restricted but above here targets 8680/8700. Exit longs (if holding) and try shorts at 8810/50, with stops above 9000.
In the condition of failure to hold above 7900 is a sell signal directing 7800/7750 and 7550/7530, maybe as far as 7180/70. I see no purpose why we cannot finally reach 7000, 6600, 6400 and perhaps even retest the February low at 5920.
