BGMind_Control

BTC USD looking very ugly

Short
BITFINEX:BTCUSD   Bitcoin
This is the log scale chart and we are close to testing a long term support level. The problem is that the MACD is looking bearish as well. We have a good probability of breaking the line. If we do unfortunately the next long term support is in the 2000- 3000 range. Can you imagine the state of the market if BTC goes to 3k? We are talking LTC in the 50s, ETH in the 200- 300 range. Man I am getting excited just thinking about the buying opportunity.

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