filbfilb

BTC Plunge Protection Senario

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filbfilb Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
This is the potential path IF we dump.

I am learning bearish after we broke up-trends but we could certainly see much more volitility in either direction around the fork.
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Daily view

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hedge aborted... on a ride to the moon.
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Currently no position waiting for a break in either direction.
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Some advice to my followers.

If you are long, keep your stops tight, this debarcle is far from over and certain individuals stll have a lot of their coins to dump.

logically.. If you were dumping all of your coins, you wouldnt do it all in one go, you would wait for the order book to fill back up which is what i suspect is happening.

Good luck.

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