VantageMarkets

BTC: Margin call for Microstrategy?!

Short
VANTAGE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin

Intraday - We look to Sell a break of 28548 (stop at 29111)

Daily signals are bearish . A break of the recent low at 28615 should result in a further move lower. 28561 has been pivotal. There is no clear indication that the downward move is coming to an end.

Our profit targets will be 27151 and 26651

Resistance: 30000 / 31000 / 31400
Support: 29000 / 28600 / 27800

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