BITCOIN Fell 7% in Two Days. Is 77,346 Next?

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BITCOIN Fell 7% in Two Days. Is 77,346 Next?Bitcoin / U.S. dollarBITSTAMP:BTCUSDTrade-LeanBitcoin was at 81,888 on Thursday. Today it hit 76,173. That's about 7% in two days, and about half of it came in one four-hour candle on Thursday. Here's what I'm looking at now. Today's drop to 76,173 got bought right away, and it stopped above 75,649, the bottom of this week's range on my chart. So far that floor hasn't been touched. I think the next move is a bounce back to about 77,346, the next labeled level on this week's map. That's not a big ask after a drop like this. It doesn't mean the low is in. It just means I'd expect some relief before the weekly close on Sunday. I'm wrong if bitcoin reaches 75,649 first. That's the red line. And it's a thin weekend market, so I'd expect it to be jumpy.