EliteTrader101
Long

Bitcoin is now strong because Retail traders are short!

BITSTAMP:BTCUSD   Bitcoin / Dollar
All the stops of the weak buyers have been taken on this aggressive move down into 540 level where Big Boys had resting orders. I know this because i looked at the 5min and almost all the volume came in at the bottom of the 15min bar at 540. I think this is going to 640, but has to take out 615 first. As long as price stays above 549 prices should rise quickly to my targets.
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