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K155MY4R53
Nov 20, 2014 1:38 AM

Batten Down the Hatches Short

Bitcoin / U.S. dollarBitstamp

Description

Tomorrow's (20.11.14) move is going to be big. There's some really strong convergence of indicators and, although 100% certainty isn't possible, the descending triangle and death cross suggest that this is likely to move the way of the bear. Short-term, I'll be looking to workout the put options on OKCoin. Mid-term, I'll be looking to load up on cheap coins as we could see the end of the grand cycle before the year is out.
Comments
Tim3lord
Wow this was a good call
ChartArt
Good chart! I was too busy yesterday to post another "The Bitcoin Bears Are Back" chart BEFORE it moved down.
K155MY4R53
Cheers, guys.
artiguste
You won.
amazing_ilya
it was good catch
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