BitCoin (12/2/18) *Major Profit taking in progress

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Due to the recent sell down, much of the margined account get wiped.
I will rather say the major motive is already achieved.

So, the downside movement may be pretty much limited. The condition right now is pretty similar to Dow Jones of late 2009.

I believe, bitcoin can swing up to $11,350 level but it will not revisit $18,000 anytime soon.

Trade Safe


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Comment: hitting 10k should be easy.
Comment: Yea Baby 10K hit!
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