BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Well my SL was hit on the Bitcoin sell, but that's totally fine with me I banked 7000 pips. It's also what day trading is about. Getting on on price action and securing your profits. But also it now gives us some structure to work off for the next trade. We have an ATH of 41.9K so this gives us a resistance zone to see what price will do if it reaches those levels again soon. For me its the same setup. ill see if we get any reversal signs and look for the sell here again. I think we have more downside to come before another big push. whats your thoughts?


Technically, btc is still poised for further move south in the near-term, personally looking at the 19k price area as a major demand zone ,if price follows through,i expect thi3 to open the door for continuation of the bullish run.
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