trissjacob

BTC/USD | A Taste of Bearish Things to Come

Short
BITFINEX:BTCUSD   Bitcoin

A crucial moment for the mother of all coins. Bitcoin must be able to hold the line above 9,973, else, a drop below this point will send it down towards 7,800. Attempts will be made to get it back to 12,000 but until then, a solid stop loss at 9,973 for those holding long positions is a no-brainer.

Verdict: It's shorting time.

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