ridethepig
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ridethepig | XBT Market Commentary 2020.02.13

GEMINI:BTCUSD   Bitcoin / U.S. Dollar
A quick short-term update here with another storm of risk coming our way for the weekend. This time it will damage the late crypto buyers with a correction. We have already had intense orders and impressive sizings seen in Tokyo and before the NY open.

A real risk of a healthy pullback as that ridge of high pressure from Coronavirus spillover effects enter into play once more. In any case this will be a buying opportunity and we will update the short-term flows as we go if there is enough interest.


In any case a good opportunity to take some longs off the table and those sharp enough can ride the profit taking in a -5% leg cooking to the downside. As usual thanks for keeping the support coming with likes, comments and etc!
Feb 13
Comment:
Feb 13
Comment:
Feb 14
Trade active
Feb 14
Comment:
Feb 15
Trade closed: target reached: 9880 TP1 Hit!
Feb 15
Comment:
Feb 16
Trade closed: target reached: Actively buying the dip this week... a flawless weekend bounce in BTC to shake out soft retail hands.

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Comments

What is the NY and Tokyo offer?
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LARC LARC
@LARC, nice work btw.
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Tokyo and NY offer, very good insight ;)
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