iaretheanimal

BTC return to 1st support

BITFINEX:BTCUSD   Bitcoin
Having had the day to try to recover some loss, looks like BTC is heading down. If LTC is any indicator, I would think we will see an 11% (-another 6% from here) drop before long. Whether there will be a bump up, I'm not sure as of yet because there are a LOT of longs, though shorts are picking up. I don't see it being that we're on a downslide.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.