BGMind_Control

BTC/ USD ugly daily chart

Short
BITFINEX:BTCUSD   Bitcoin
Boys and gals I hate to say it, but we are now below all 3 moving averages on the daily as the ADX is accelerating and MACD is pointing down. Keep in mind that we are not even close to being oversold on the MACD. We are due to lose few thousand dollars the next month. Hopefully this wont turn in a weekly trend. If it does we are looking at another 2 year bear market. Im talking prices that you wont believe.

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