MrLucifer7

Possible Bounce

Long
COINBASE:BTCUSD   Bitcoin
The longer price action hovers here the less likely a sharp dump will be. Also I am seeing signs of strengthening on the 1hr chart that suggests there is a bounce due at this time. That being said we need to see if it is going to be a massive spike that takes up out of bearish territory or another market structure that suggests more bearishness. That being said I think it is important that I close all of my shorts and start looking at XRP with more detail in the coming hours and days.
Good Luck Gents,
Mr. Manbearpig
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