PurpleGoat

BTC next steps

Short
BITSTAMP:BTCUSD   Bitcoin
With stocks about to start the next leg down, I expect BTC to follow like everyone else. Currently it sits @ support, it is extremely weak despite some players trying to pin it here. I'm short here and plan to buy around the 17k level if I see ES bouncing and not in liquidation mode. If that's the case, we could see a sizeable rally April/July style.
Risk management wise, stop @ 20.8k.
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