BITFINEX:BTCUSD   Bitcoin / Dollar
287 2 2
Looks like the bull run lost strength on the miniature double top reversal. Prices appear to be consolidating after two dumps and if we test $231 support again, a breakdown is likely.

A strong green spike pushing past $236 may indicate another uptrend, yet if prices stay sideways, I'm anticipating a third dump.
ChartArt
2 years ago
I fully agree with your outlook. Very good chart.
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BTCcoinsultant ChartArt
2 years ago
Thanks! Looks like it was accurate and I managed to take 2 winning trades last night shorting before the dump and a second time off the bounce. The markets were moving so fast it gave Bitfinex a glitch in executing orders.
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