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mycotoxin

BTC - Leveraged Longs cleaned up and lets get back to business

Bitcoin (BITSTAMP:BTCUSD)  
mycotoxin Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis
19
1
trendanalysis
BTC - Leveraged Longs cleaned up and lets get back to business
Comment:
As long as BTC does not *close* below 53K - The uptrend continues towards 62k
Comment:
The market makers find it effective to get rid of the weak hands and the over leveraged before they push price higher - This ensures the market remains stable during the push through strong resistance areas.
Comment:
if there is an issue the market makers will let us know by closing the price below 53K . Untill that happens remain calm and enjoy the sunshine .
Note : Wicking below 53K is not the same as closing below 53K .
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