CryptoBlockchainTechnologies

Bounce continues off 7450 support

Long
BITFINEX:BTCUSD   Bitcoin
Final warning to bears. If exchanges get overwhelmed with volume on the size of the bounce I am expecting you may not be able to cover. There is a possibility a lot of shorts will not be able to cover but 1000s of points higher once they re-open. Fair warning, do not think this is the Wallstreet and the exchanges can handle to volume htat is coming when this bounces. 9350 should be the moment we see max pain on short covering.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.