UsefulHuman
Short

$BTC prime for further loss?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
...as we progress, $BTC continues its move within three different triangles. #Bitcoin has almost reached the upper resistance of the Long Descending Triangle (Red) and the Short Ascending Triangle (Blue),while staying within the limits of the newly formed Ascending Triangle (Green).

This appears the be the end of the "Dead Cat Bounce" that many have referred to. $BTC will most like finish the month with positive gains (based upon the Sixth of each month). Watch for #bitcoin and alts to drop to levels of support within the next week.

I am an amateur, this is for my personal use/pleasure and is not intended to be advice of any kind.
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