bingbongfly

Market decides bitcoin is not yet worth $3000.

Short
bingbongfly Updated   
BITSTAMP:BTCUSD   Bitcoin
Very simple, noone seems to want to pay for above 2.9k Bitcoin, 3k keeps getting rejected.
This is a low risk high reward trade, keep stop around ATH if it breaks with volume.

I will be keeping an eye on fundamentals since this can change the whole picture, but I believe we'll see prices of at least $2000 before we can attempt to crush 3k.



Trade active
Comment:
Taking some profit here, expecting a bounce.
But I'll keep at least 50% of my short, expecting at least $2300 to hit in the coming days.
Trade closed manually:
Happy profit bears ;) !
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