It is Monday in China and Bitcoin has bounced from the lows into 2000. Since we have hit lower support, we could very well be chopping around this area before we go anywhere. This is simply because we are consolidating at the lows. If the bull support is strong, we should shoot up and retest 2100.
As for my position, I've entered my trade at around 344. I am growing impatient if a reversal doesn't happen soon. The only reason I didn't choose to exit after my stop hit at 336 (would have exit it at 332) is because the liquidity was so bad. I sometimes wish the market would shut down over the weekend or at least Saturday like COMEX or Index . Alright enough of my rant, go trade!
I do live trades and bitcoin market analysis daily. Follow me on my bitcoin trading blog and twitter: ibankbitcoins.com, www. twitter .com/ibankbitcoins