BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
If we see price halt in the current area and move sideways, we can possible see a move back to the downside. Price is currently moving up with lower volume which is a key indication of exhaustion. The next 2-3 days will be crucial, which will indicate the next direction for BTC .

Comments

Looks like super dump happened, how fortunate for myself and your call - I was stuck in a short with horrific consequences near liquidation and hoping for your scenario to occur - it happened even better than that, in moments what was about to be catastrophic loss ended up in a nice profit.
At least now can put a stop loss at better than break even and wait to see how low it gets.

funny, any other time I'm a sing along bull.
+1 Reply
Let me know what you think?
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