Mad_Merchant

BTC prediction bear trend

Mad_Merchant Updated   
BITFINEX:BTCUSD   Bitcoin
We will see BTC continue to fall for the next couple days. For now, I've marked where I believe BTC will start to retrace indicated by the pink arrow. Wait for BTC to fall a bit more before going into a long position.

Cheers.
Comment:
I am expecting BTC to go down instead of up as indicated by the arrow.
Comment:
BTC has been following my trend lines perfectly. At this point I will continue to short and expect a drop soon.

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