Bitcoin Free Fall Ahead - Target 5200

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
After yesterdays fake breakout and heavy resistance at simple moving averages, it is clear that the bulls have run out of steam. It is wise to short and buy back at around 5200, which should act as a mean and we can start a slow climb further.

Be wise and increase your BTC holding. No, bitcoin is not dead. It is just a sane correction to bring the market to normal.


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