ActiveCrypto
Short

BTCUSD - Short Term Setup 15M Chart. ABC Correction.

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Day Trade: Short setup on BTC             . It's happening fast so putting this out quick. This setup would confirm an inverse head and shoulder and possibly confirm a reversal of the current down trend. Time will tell.
This looks like a busted Idea at the moment. Something bigger is at play. The senate hearings for cryptocurrencies has stimulated a lot of interest from bulls pushing the price off the bounce! I wouldn't be surprised if we see a retest of the low of the $6,500 zone.
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