CFDTradingo
Long

Bitcoin Price Collapse

COINBASE:BTCUSD   BTC/USD
308 0 5
Bitcoin has moved sharply down to the lower long term trend line. If it can hold that trend line then it we are nearing the best opportunity to buy. However if it breaks down through the trend line then it's likely to continue sharply down.

We are waiting for confirmation before taking any positions. Right now it appears to have held but it's worth waiting for it to retest again and confirm that it really is safe to go long.
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