MrJozza

Bear market confirmed

Short
BITSTAMP:BTCUSD   Bitcoin
1
Parabola indicates general market trend. Deviation in 1 sucker rally then significant deviation before being shut down by Houbi activity. Price conforms to level prior without rally. RSI oversold but OBV indicates an increased bear intensity gradient. If a short position has not been taken yet, recommend holding funds. Below 500 USD, price has little support.
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