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Topic: [2016-05-04]Bitcoin Price Watch; Live Trade Complete – Profit Taken! (Read 240 times)

legendary
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Bitcoin Price Watch; Live Trade Complete – Profit Taken!

Over the weekend, and as we headed into the beginning this week, the bitcoin price looked as though it was in for some sustained weakness. A sharp decline in the Sunday session initiated what we thought might be the beginnings of a longer-term downtrend, and we set up short accordingly. As things turned out, even though we did manage to draw a couple of short side profits from the market, Tuesday’s session brought us something of a recovery, and the price looks to now have a medium term upside bias...

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