Short BTC, Target 6500

After the Bithumb news, we had over a 100 pt drop...Small bounce on the resistance but looking at going through down to 6500 for an overall 24-36 hr target.. We couldn't break through 6800 for too long yesterday, don't see the strength right now especially with recent news

I was long to 6900 yesterday, but stoploss was hit after the news broke

- Hank
CryptoPros

Comment:

So we didn't go as plan, Tether news a decent buying volume pumped up to 6800... where it was rejected again. Continuing bearish sentiment

Target still 6500

Trade closed: target reached