Michael_Harding

BTCUSD - Likely to Trend Lower

Short
BITSTAMP:BTCUSD   Bitcoin
Just based on my experience, whenever price action remains low without much of a pullback, it will likely drop even lower.

Furthermore, we are also holding below the 200SMA on the daily and weekly timeframes.

For me personally, I don't see any low risk setup for buying BTC at this point.

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