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Well considering @srezz normally uses xBTCe pricing, I think the target is not met (only 7950 on the dip at xBTCe).

Currently I use SimpleFX for charting and according to their data the lowest point before bouncing was $7599.55

you think we will be going up from there?

I'd expect BTC to at least test 34 weeks WMA (currently @9250) from below.

i think we are still going down to 7600 area