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BTCUSD to drop further.

Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Technical Indicators Moving Averages Fibonacci
4
1
indicator movingaverage fibonacci
No need for words..

See also earlier analysis published on 11th July:
BTC/USD to drop to at least 8400 (0.618 level) ca. 30th July.
Another analysis with Fib-retrace showing BTC going down to 8400

And also published one on the 16th Jul (yesterday) just before the massive dump, where the "major death cross" detector in my FSBGB indicator is triggered on the shorter-term 3D chart.
Major Death Cross registered on the BTCUSD (3Hr) chart.
Komentar:
Previous analysis hints that it will find bottom at ca. 8400 to 8050 USD.
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