blessedup

The next big short

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BITFINEX:BTCUSD   Bitcoin
You have time, it's not going to break anytime soon. The next support has been proven and don't expect it to be easy.

The fact is though, selling pressure is high and candles don't lie. We're going to break this support and move on. It may just end up being another retracement or send us down into the 6s -- I don't know that part... I do know that we will break this resistance though.

edit* on the chart it says "test" support -- should say "tested" support.
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