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BTC $1450 Downward Move = A LOT OF LIQUIDATION

BITFINEX:BTCUSD   Bitcoin
BEARS TAKING ACTION… Big slice

A lot of people that are over leveraged just got REKT. $100M of leverage longs liquidated

Be ready for anything, trade to a plan and stick to it novices just had a very bad Sunday.

Trading Tip: When events like this happen its good to write down the ‘price action reason’ in your trading journal or mark on the charts. That way in a few days, weeks, months down the track if a price level comes into play you can deem how significant it is. & DON'T OVER LEVERAGE.

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