CryptoFXTrading

Watch out for bulltraps on BTC - This is still a downtrend

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I know everyone wants to scream lambo, but lets stick with facts. We are seeing lower highs and the market cap keeps shrinking, so I am expecting some period of consolidation before another run on the downside. However, if the trendline breaks I will start scaling in longs, but we will cross the bridge when we get there.
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