andmk2
Long

Double bottom on hourly

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The chart proves a few things:

1) A double bottom formed, so the hourly trend should reverse.
2) BTC             is so volatile. You need very wide stops to trade it successfully.
3) What happens to BTC             in a few days, can take weeks or months in other currency markets. Note: As some talking heads say, BTC             is not a currency, it's a commodity.

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