Gone2surf

Bitcoin breaking up trend support

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin continues south after tagging major trend line resistance, sitting range bound for a short time and now breaking the recent uptrend. At this time being short is still merited until that longer term trend line/channel area gets take out. Good chance we are headed toward 6-8K again and see how the approach looks and how it gets handled.
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