UnknownUnicorn3664665

Pump time is over, back down for now

Short
BITMEX:XBTUSD.P   Bitcoin
We are hitting some major resistance levels as well as fibs for shorts.

As long as we don't make a new high or break 6000 soon, we going down.

That 3100 low needs to be taken out in order for serious buyers to step in.
Comment:
We dumped and for now it doesn't seem like it's going back up.

5250 should act as strong resistance now.
Trade closed: stop reached:
Idea invalidated. Looks like it's pushing towards 6800.
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