Brandon50115

BTCUSD set to fall 30%

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This crypto pair may be set to drop 30% through Oct. Its previous rally, which failed to produce a new high, only pushed RSI to 60 and the support before that makes the range from 40-60, very bearish . Price action/ volatility has been decreasing. I'm not saying there's no value but right now would be a good time to look for a short or sit on the sidelines. The DXY is also gaining strength, bad for this pair.

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