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OrtizNation
Jun 22, 2017 6:15 PM

BTC Bearish Short

Bitcoin / DollarBitfinex

Description

This has all the signs of a blowoff top followed by a bull trap. Tight stop above the previous high and looking for a deep correction to previous highs.

Trade closed manually

I would be very careful around these levels. The price action is measured, and I am now neutral on the currency.
Comments
realSatoshiNakamoto
so you just sold all your bitcoin? im not so sure....segwit is confirmed and india is legalizing bitcoin... first alts need to pop if a crash happens before bitcoin does since they liquidate into bitcoin.
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