So that massive drop yesterday was intense... $1000+ in 24 hours, horrible!
I'm giving most of the credit to not only the 10k Bitcoin Short but the Silk Road/Mt GOX sell off.. I saw ridiculous articles this morning blaming it on Cointelegraphs articles that say BTC ETF denied... lol that wasnt it! a bunch of bots didnt cause a 1k drop sell off
Anyway, I dont like to post a bunch of different options....but heres whats up!
If we drop below 5800... good luck yall!
I have a funny feeling the orange line may be the ticket... too many shorts!!! ATH Squeeze em!
Data says: hold out this trade, this 6300-6600 is a no trade zone for sure
-Hank
Comment
⋅
Looks like we can do either way... Ranging just how I predicted...
Looking at run to 6700, weekends are always choppy