Bitcoin
Short

ABC correction-Headed down

174
Looks like we are headed down. ABC appears to be finished. Could potentially retest $7,400 for an expanded flat, but B looks to be impulsive to the downside and we have broken the trend-line. Very confident that it is highly likely we have a pretty heavy dump, but pay attention to volume. It's worth consideration that this pump appears to be out of the ordinary compared to the trend, we have lost a substantial amount of volume, but volume increased significantly yesterday and appears to be remaining strong. But I wouldn't take this as an indication of us being bullish, rather I think it indicates that we could potentially bottom soon. Possibility of this dump taking us to $5,500, if not, we will be there soon. Safe trading, I'm ready to bottom this thing and take it to the moon.

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