onegreencandle

1st chart - why up or why down

BITFINEX:BTCUSD   Bitcoin
This wedge indicates an undecided market..... a battle of the bears and bulls. the higher the longs grow the more likely we are to dump. the higher the shorts the more likely we go up. Sentiment for most traders is cautiously bullish.

Latest news - Tim Draper story on bitcoin to 250k, Barklays opens trading desk. More likely we go down on this news.

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