anas_algo

Bitcoin gaining power to push down

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
After the shorts (Futures+Options) have been stopped out, its time to continue the down move as the way is neat, paved, and clear.

BTCUSD on Bitstamp was used as it contain most history.

A logarithmic scale is used to make trend lines work correctly

a 3 Days candle was use to construct the chart

the big move yesterday was just made to hit levered shorts and to test the broken up trend from below..

I think the destination is between $5000 and 2000, most likely $3000... +- 20% on both edges...



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