MrMarketMaker

Bearish Sentiment extreme?

MrMarketMaker Updated   
BITSTAMP:BTCUSD   Bitcoin
The sentiment is without a doubt bearish right now. Everyone is calling for lower prices. Seems too easy to short the peak again, I went long at the 200 EMA on 4hr. Look at how nicely the price has bounced off of this average thus far.

Target is around 12k, but I don't plan on selling there. The market wants to melt up.
Comment:
very surprised to see the dump through the support. I'm cautiously watching my long, still have some capital to add if we do indeed test the 9.7k area
Comment:
well had a few orders from 9.9 down to 9.8 fill. Closed them out at 10.8. Patiently waiting for the next movement.
Comment:
haven't added or anything. im most btc, some XRP from 2970 satoshis. Have fiat ready to add if we dip
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