GMT- Going short for a while

Not the first time going short at this level:
Looking for some short positions to cover my exposure at this minute because of Bitcoin's rejection today


Hi everyone,

just as expected yesterday price attempted to break back into the ascending channel but it seems to be failing:
BITCOIN - Mt Gox adds to worries

There are still 40% chances of it happening but right now a new small dip towards 21,000 is more likely (60%).

With indices attempting a rebound, it would had been great to see BTC back into a positive structure (the ascending channel ) and hopefully it will happen before the Fundamentals kick in:

GDP (*Preliminary one, not the big one but still important) is coming out tomorrow and expected to be negative. It will also depend to see 'How negative is it'. Thus itcoins rebound might be delayed a bit more.

ALSO: Mt Gox could become Mt Cock.... stay safe for a while

One Love,

the FXPROFESSOR

*There are 3 versions of GDP released a month apart - Advance, Preliminary, and Final. The Advance release is the earliest and thus tends to have the most impact;
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