ridethepig

Fading the overshoots in BTC .. a -30% correction in play

Short
ridethepig Updated   
BITMEX:XBTUSD.P   Bitcoin
Here a very technical move in play once more, as the boat becomes overcrowded I expect the tree to be shaken any minute. Those following will know we attempted positioning for this swing earlier in the month, smart money is starting to track the change in trend coming whilst the unaware continue shooting for the moon.

We are going to see a very large increase in volatility over the coming sessions. A -30% correction is in play across the Crypto board, BTC will move the usual suspects XRP, ETH and LTC as collateral.

Best of luck those outguessing the turn.
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Eyes on the break.
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We are losing 8561.xx
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