bwy

BTC/USD Short momentum is weak

Long
OKCOIN:BTCUSD1W   None
Expecting the range to break to the upside. Downward momentum is super weak on big timeframes. Shorts are likely to get punished shortly ;). I do expect the new uptrend to be rocky as any new trend is in the beginning. I expect the next uptrend to lead to >$20K as the momentum on the last move to 20K was the highest ever and should have a followup move to push new highs.
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