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mandelsc

Next stop 5.3k for BTC

Short
Bitcoin (BITMEX:XBTUSD.P)  
mandelsc  
BITMEX:XBTUSD.P   Bitcoin
Chart Patterns Support and Resistance Bitcoin (Cryptocurrency) cyrptocurrency
6
0
chartpattern supportandresistance bitcoin cyrptocurrency
Currently BTC is following the broader equities market. With equities starting to show signs of a top, BTC has unsurprising also started to show signs of reversing. Looking to short 7.2k, with a target of 5.3k.

Invalidation occurs at 7.4.
Target 5.3k
Duration - 2-3 weeks
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