craig131
Short

Struggle to rebound after pattern

BITSTAMP:BTCUSD   Bitcoin / Dollar
141 0 2
The bears seem to be effectively fighting the price rebound that was powered by an 'M' pattern formation. If they bring the price down to below that rebound point, they will have shown their overwhelming power.

I am planning to short if the Bears manage to cleanly drop the value below the red arrow on the chart.
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