MarkCanna

BTC short to 2450, resume long after that

Short
MarkCanna Updated   
BITSTAMP:BTCUSD   Bitcoin
Needs to pull back after massive cycle. Look to enter quality alts in meantime. Sell news for now, great long term however.
Comment:
I whipped this chart up in a hurry, was busy trading; however I stand by the call to pull back to the 2450 area, before resuming uptrend. It's just going to drift down more slowly than initially anticipated. This is healthy, bullish price action.
Trade closed: target reached:
Reached 2450. I'm not into the FUD being generated either, and will be going long.
Comment:
Bought the bottom...long Bitcoin for life :)

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