A Little Oversold for nowBitcoin / U.S. dollarBITSTAMP:BTCUSDgarethhallsterBitcoin has continued its downward trajectory sub $95k and is now at the major resistance level of 94500. I could see a bounce here maybe as high as the descending pink trendline at around $103k as we are very oversold according to daily RSI. A drop here brings the inclining parallel into play and we will test that $84k handle which will be interesting.