Mihai_Iacob

Bitcoin- Strongly bearish under 42k

Short
BITSTAMP:BTCUSD   Bitcoin
In my previous analysis, I said that is imperative for bulls to keep 40k intact, this didn't happen...
At this moment BtcUsd is trading around 38.500 and things are pretty clear from my point of view, Bitcoin has resumed its down move.
My strategy is to sell rallies around 40k with a target at 30k zone support and only BtcUsd above 42k would make me change my bearish opinion

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