chrisdunntv

Cautiously Bullish, and watching for signs of "real" demand

Long
BITSTAMP:BTCUSD   Bitcoin
The problem with going long right now
actually has nothing to do with the chart.
There have been some beautiful reversal
patterns, like this head and shoulders.

The problem is the lack of "real" demand
for BTC. Every chance the market gets to
rebound, it slowly fades off.

Therefore, I'm cautiously bullish, and quick
to cut losses if bulls cannot hold support.
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