BradMatheny

Huge breakdown setting up in BitCoin

Short
BITFINEX:BTCUSD   Bitcoin
I would no be surprised to see a massive breakdown in Bitcoin price with a retest of levels below $6k here soon. There is been almost no upside momentum over the past 3+ months and I can't see anything driving a massive bullish run in this crypto. If you are holding Bitcoin and a true believer, then get ready for a big ride lower. I believe the $4700 to $4900 level is right around the corner.

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