Hope BTCUSD will fluctuate between these purple lines.

BTCUSD - becoming volatile. Hope it fluctuates between the purple lines and don't fall to the extreme red.
The BLUE lines will serve as Support and resistance level if downward spiral continues.

From my previous posting, I was expecting it to bounce from 158 level which it did.. and now again, over a period of time, it will give us a good shorting opportunities.