matthew.khama
Short

BITCOIN: SHORT TRADE TO BELOW $100 IN PROGRESS

BITSTAMP:BTCUSD   Bitcoin / Dollar
653 0 4
As I indicated earlier, my target for wave (2) was the $689 - $699 levels. Bitcoin did touch about $704 level and turned down immediately. Wave (2) therefore appears complete and I now expect a move to below $608 then below $540. You can be short with your SL at $704 and target a move to below $100 soon. I will be updating on the progression of the waves.
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