PawelHodurek

BTC/USD - Weekend dump

BITSTAMP:BTCUSD   Bitcoin
Dears,

You know the dump was in the night between Suturday and Sunday... When almost everybody rest...
You know there was a lot opened long-positions with strong leverages...
You know that happen when CME was closed. And you know I am not talking about gaps (I do not believe in gaps), but some CME contracts tonight could be settled...
You know there would be price movements tonight...

Which move to expect on Monday and Tuesday? I have my own guesswork, however, everybody should have their own...

Best regards,
Paweł

P.S.
Do not use high-leverages! Personally, I NEVER EVER use more than 6x.
However, if you are the Muslim, leverages are HARAM - as you just could see, for really good reason!
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