Trader-Dan

BITCOIN - Update

Long
BITMEX:XBTUSD.P   Bitcoin
- As per our previous post, failure at the 50 day moving average gave way to a flush to down to the 200 day moving average where price found support again.

- Price could possibly go test 58500 from here (50 day moving average)

- Failure at the lows would open a much deeper correction

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.

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