The Trade: https://twitter.com/ibankbitcoins/status/517582536709373952
I am still holding on to my short at 380 from a few days ago. As a trend following trader, I try to hold on to the short for as long as possible until trend reverses. I believe a short bounce is coming, not sure when though. I will cover at 347 area if we get there. My initial downside target was at 275. However, I didn't get to exit the first time that happened in the middle of the night. I am confident that we will retest that area because it was the all time high of the previous bubble.
I do live trades and bitcoin market analysis daily. Follow me on my bitcoin trading blog and twitter: ibankbitcoins.com, http://www.twitter.com/ibankbitcoins