ikdavis
Long

UPDATED BTC TO 10K AFTER THAT DIRTY MANIPULATION

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
After the whiplash we all received when bitcoin was like NOOOOOPEEE after spiking through 9,000, i can see the following scenario playing out.
Retracing to between 8,300 and 8,100 which would actually close the CME futures gap which can be seen here -


Also giving us a nice tap off the TL.

We could break further down to the 7,350 area to close that other gap.
I am more in favour of the 8,300 - 8,100 zone.
However anything is possible.
Remain fluid.
Be like water
Happy trading :)
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