Playing with the bears on this short as bears are out numbering bulls on this down trend. Profit taking perhaps. We are really close to this resistance line and I think Bitcoin will have a little trouble breaking through. Great news with recent headlines but I feel that this is not enough. Still cautious on the breakout.
Closed out my short with a nice small gain at $252.23 at 8:40pm 02/27/15.
Closed out my short with a nice small gain at $252.23 at 8:40pm 02/27/15.
