VISIONARYFOREX

Short Term Bears?

Short
BITSTAMP:BTCUSD   Bitcoin
#BTC is in no mans land at the moment. However, smaller time frames are giving me opportunities with low risk. Overall, Bears will take BTC down but no major confluences such as momentum, reversal structures and divergence have been confirmed. 0.618% could possibly push bitcoin one leg up before the inevitable decline.

Shorts for now, with possible longs thereafter on smaller time frames before we rally down, severly.

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