Selling at 992 - this looks local toppish. (bitfinex did not clear the local 994.6 high on its most recent high --> more down!)
(Check out bit-sim.trade for a free paper-trading bitcoin game - it's a blast!)
You are viewing a single comment's thread from:
Finally got confirmation. The declining volume and failure to breach 994.6 were early indicators, but we dropped to 967 now, on volume.
I expect the $909 low to be the bottom of this shortest-term wave, at the lowest.
I will be quick to take profits here, as the upswing should be violent.
This continues to develop and is being covered live here:
http://www.youtube.com/user/russeljc79/live
I exited this position at 970 for a >2% gain.