ThirdEyeTraders

Bitcoin's Sell Off [Possible Pivot]

Short
BITSTAMP:BTCUSD   Bitcoin
I am currently in a sell position from the 59688 level and hoping to take profit around 51163. It is always healthy to trail your stop loss into profit, because we are not market creators. We are top down analysis traders. I have marked a possible pivot place where we could start to see some buying pressure and an aggressive reversal to continue the macro trend. The goal is to look for clean intraday opportunities, meanwhile holding long term positions. We will continue to monitor this trade and update you all moving forward. Be sure to leave your comments below. We would love to hear your thoughts in regards to where you see the price of bitcoin going. We appreciate you for checking out our post and remember, we will see you on the other side.

Rodrick (CEO)
Third Eye Traders

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