TopsyKrett

Bitcoin have met resistance

BITSTAMP:BTCUSD   Bitcoin
My short is nearly completed. pulled down stoploss in profit at 8135. It doesnt look stable at 8k, will go lower maybe. Would not take any new position here. Maybe we range here, around 8k is the price to mine 1 BTC at the moment.

New banks are in this market too, germany for example has relased a new cryptofriendly law which make it possible for big players like Deutsche Bank to enter the market.

They are huge, this market is small, they can, they will and I think they actually are accumulating.

I will take a shot at alts again if hold this range into the weekend. The bots have a nice flipping play, volatality without valueloss is nice.
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