deucedd

ABC correction pulling BTC to mid 7.600's

Short
deucedd Updated   
BITFINEX:BTCUSD   Bitcoin
Hi every1,

It's been a while since last update, where we pretty much nailed the top!! Hope you are enjoying those profits still ;-)

This time we are (once again) bearish short term. The retest of 8600 fail through very swiftly and showed weakness, we must (yet again) test lower lvl's before even considering moving up. Market is just not getting enough new funds / volume and its clear that big buyers are waiting to scale in at 7.xxx and below.

This move down could very well happen during the next 8 - 30 hr.

As always DYOR

Best
/D
Comment:
Target reached. I would expect a move up from here, as we are extremly oversold.
Enjoy the profits :)
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