JohnWyck

BTCUSD Possible Scenario

Short
BITSTAMP:BTCUSD   Bitcoin
Looks to me Bitcoin is forming a classic Bearish Divergence Pattern As of late.

That being said BTC can retest lower support before breaking 9500-9600

I would guard any long position with SL for fund protection.

I am looking to see BTCUSD find strong support before going long.

Until then I am short.

I will post long entrys & SL when time is right and keep updating this setup.
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