New Daily candle on BTC !

I can see a high of $88,900 maybe extending to a maximum of $89,100.

Price action will target the previous reconcilation area:
$85,300 - $87,440.

Really big support area.
It's going to be tough to go at this bottom level again.

If price manages to drop down, one thing is certain:
1) Institutions, Banks & Hedges are selling to secure the highest possible price.
They need liquidity...as Monday started really bad on stock exchange.

After that we will probably keep the reconcilation area and keep swinging from $82,700 (MAYBE lower at $81,240) up to a maximum of $91,000 for the rest of the week.


Let's see if I'm gonna be right on this one :)

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