abztrdr

Further BTCUSD price drops

abztrdr Updated   
BITFINEX:BTCUSD   Bitcoin
Based solely on previous corrections BTC could fall further into the low $5200 area.

I am hesitant about such a move, however, I will be keeping my available margin balance high to take advantage of any potential downward action.

Still overall bullish, bitcoin has shrugged off much more than a bitcoin cash pump and returned stronger than ever, everytime.
Comment:
Considerable drop last night that translates into a near 30% correction, if bitcoin takes it easy for a short while the next stage will begin.

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