secretcodealpha

Bitcoin short to 9k and possibly below, Good RR ratio

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Strong rejections from 10k region with the minimum support levels decreasing.

The grip that bulls have on the situation is visibly weakening. Massive shooting star on the 3d, very rare to this kind of rejection not followed by a sharp price decrease.

Good risk to reward ratio, over 3:1. Targeting 8600 with stops placed around 10k.