CryptoMobster

BTC HIGHLY LIKELY TO HIT 8600 REGION

Short
BITMEX:XBT   Bitcoin / U.S. Dollar Index
Looks like Bitcoin is on it's way back down again, Failure to hold this support area 9400-9500 it looks set to trickle down to the 8600 regions.

This is good in some ways, consolidation and retracements are required for further long-term growth. Also allows Alt-coins to breathe.

Be careful going long, deep bear zone right now. Also, be careful going long on Alt-coins. Wait to see if Bitcoin Dominance decreases.

Always use a STOP!

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