Will 7750 Support Bitcoin This Time?

Will 7750 Support Bitcoin This Time?
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
go8686

Bitcoin just broke 8050 support and is entering the previous demand zone of 7750 - 7950.
Watch out for possible bounce from the support and possible dump in case the support is broken through.

Symbol: BTCUSD
Timeframes: 1H - 45H

Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Blue -> Fuchsia: Indicates broke-through of the previous support 8050
Context: Red

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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.