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Bitcoin / US Dollar Target $8,000 For 12%

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BITFINEX:BTCUSD   比特幣
October 30th, 2019

BTC-USD (Bitcoin / US Dollar) current quote $9,096. The price action is falling after a most recent sharp rise from $7,500 to $9,500 over the course of October 25th. This offers a trade opportunity to short-sell Bitcoin against the US Dollar.

Bitcoin / US Dollar - Sell Target $8,000. Difference from today's quote $9,096 is 12%. The intended duration for this trade idea is 1-4 weeks. The expected duration until profit-take is 1-2 weeks, i.e. close before November 15th.
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