Bitcoin price action break down important support at 8911$. Current hold above 8700$. Potential plan A target 0.618 fibs price level at 8553$, Next target Prev. Montly open at 8300$, Most bearish at 7950$. Volume: Sell pressure increased, confirm bearish price action. Indicators: RSI bellow 50 points, MACD bearish crossover bellow zero line. Bearish sign. S/R: Support at 8700, Major Support at 8300, Resistance 8911, Major Resistance 9329$ 0.382 fibs.
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