BitcornBen

BIG FAKEOUT ON BITCOIN HEADING TO 9100!!

Short
BITSTAMP:BTCUSD   Bitcoin
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This is a potential idea I am looking at for bitcoin

The current price action we are seeing on bitcoin is awfully similar to the price action we saw last week.
1: Bitcoin bounces between a range
2: Bitcoin breaks above the range
3: Bitcoin sits above the range
4: Bitcoin crashes straight through

I am not saying this will happen this is just a potential idea I am looking at. What will make this idea come true is any 2H or 4H candle close below 10800

Then I will expect a quick move down to 10 000. If 10 000 breaks we will most likely see 9100


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