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GoodyErick
Jun 10, 2018 8:19 AM

BTC -  Short

Bitcoin / DollarBitfinex

Description

Exactly as expected, and I said in my previous BTC posts, (first target 8K was reached) - before a massive sell off at the 8K resistance level.

I am personally still Bearish on BTC, the reason for that is that if you noticed the MA 200 and MA 50, have only recently become bearish in the daily.

Like I said before in various of my previous post BTC will remain bearish for the rest of the year.

However, keep an eye on the lower time frames, 4 hour, here we could see a minor drive up

Comment

BTC continues to crash to 6.4K
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