Short term bounce incoming

Jul 25, 2017

Bitcoin has moved more than 10% intraday and more than 15% since the local top. XBTEUR and BTCCNY are near support and I believe we could see a 100-200$ rally in the short term. I would be buying down to 2350$.

Jul 26, 2017

Trade closed: target reached

We had our 100+ dollar rally a few hours after we hit the bottom of these channels. Half the position should be closed imho. We are back into bull, but fundamentals are very mixed right now, so we could really see 2400 and sub.