DPOKE

Hold those Lambos till further notice

Short
BITFINEX:BTCUSD   Bitcoin
No elaborate ichimoku setup with volume and an oscillator. BTC has been in a descending pattern for the last 6 or 7 months. 6K support has been tested numerous and held (you know what they say about thats tested numerous times). Currently BTC has been on the upswing and is facing some resistance at about $7500 or so. I don't see any reason why that would be violated (What makes this time different from the other times in the trendline?). 6K will be tested once again and then I believe we will have our moment of truth of whether the bear market is over, or a further retracement from all time highs will happen. Regardless, if price does head down to low 6000s, I will not be gambling on CrackMex as he could go either way. For now I'll ride the wave up and short it down. Happy trading cats.
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