Bitcoin
Short

More BTC Weakness

BTC broke below previous support around 60k and rejected several times on retests while forming a bear flag. Just broke below and had a nice flush. It looks like it's headed for another test of the critical 59.3k area. I expect some quick acceleration if it happens, but so far bulls refuse to let that happen.
Chart PatternsTrend Analysis

Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
Also on:

Related publications

Disclaimer