Tin.Foil
Short

Target $150 by Nov 15th 2015

BTCE:BTCUSD   Bitcoin / Dollar
Likely to follow the downward trend until reaching $150 by Nov-15th based on my interpretation of the Ichimoku cloud formation and current and future TS/KS crossing.

Bad news for anyone buying into the market, good news for traders who are leveraging margin for shorts and buying cheap Bitcoin someday in the future.

Also, looking at 4H, 2H, 1H at 15 minute charts all show Ichimoku resistance cloud that we are either below or inside. This re-enforces the downward trend to be more likely.
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